You'll need to sign in or create an account to connect with an expert.
for what reason are you asking? for sales tax, the answer is probably yes
you can deduct any sales tax for which you have a receipt.
If at some point your receipts add up to more than the "standard amount" use your larger amount.
A large landscaping renovation that substantially increases the value of your home can be considered a major purchase. If the lawn was just a restoration and not an improvement, then it will not be considered a major purchase.
No. Unless you use all your sale tax receipts.
See IRS Schedule A page A-7 first column line 7 on what items you can add to the sales tax table. http://www.irs.gov/pub/irs-pdf/i1040sca.pdf
You can only add
1. A Motor Vehicle
2. Aircraft or Boat
3. A Home
Major purchases do NOT include:
-Furniture
-Jewelry
-Home electronics
-Appliances
But most people are taking the Standard Deduction now since it has been increased a lot. For 2019 the standard deduction on 1040 line 9 amounts are:
Single 12,200 + 1,650 for 65 and over or blind (13,850)
HOH 18,350 + 1,650 for 65 and over or blind
Joint 24,400+ 1,300 for each 65 and over or blind
Married filing Separate 12,200 + 1,300 for 65 and over or blind
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
gilliam4investor
New Member
terence
Level 2
12115
Returning Member
rocwhite
Level 2
Sam883
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.