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You can only deduct the Sales Tax portion. TurboTax will open a form for you to enter the cost, then enter the Sales Tax paid based on your State's/County/Local combined sales tax rate, which must also be entered. It will then add that value to the calculated General Sales Taxes on Line 5 of Schedule A.
The Heat Pump may also qualify for an Energy Credit. You should look into that.
You can only deduct the Sales Tax portion. TurboTax will open a form for you to enter the cost, then enter the Sales Tax paid based on your State's/County/Local combined sales tax rate, which must also be entered. It will then add that value to the calculated General Sales Taxes on Line 5 of Schedule A.
The Heat Pump may also qualify for an Energy Credit. You should look into that.
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