Can I include the sales tax in the price of an item I’m claiming for a deduction?
Yes. If you’re allowed to deduct certain expenses, you can deduct the full cost of the expense including sales tax.
However, you might have deducted state and local sales tax — instead of state and local income taxes — on Schedule A. If so, you can’t claim the sales tax you paid on property you contributed to a charity for both your:
- Sales tax deduction
- Charitable deductions
Which residential energy-efficient property tax credits are available for second homes? Learn more from the tax experts at H&R Block.
Find out if you're able to deduct your foreign moving expenses with help from the experts at H&R Block. The rules have changed due to the latest tax reform.
How can you apply for a business meal or entertainment deduction? Learn more about these options and get tax answers at H&R Block.
Learn whether you can deduct sales tax on the purchase of a used car with help from the tax experts at H&R Block.