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
Can you claim a child as a dependent if you are married filing separately? Learn more from the tax experts at H&R Block.
As a wage earner in Florida, you should know all you can about Florida tax information. While this is a no income tax state, there are other Florida taxes.
Can you claim a child tax credit if Social Security is your only source of income? Learn more from the tax experts at H&R Block.
Find out how many years you have to file an amended tax return. If you have discovered missing information on your return and need to correct it, H&R Block can help.