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#4
01-22-2005, 05:30 PM
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 Re: Sales Tax deduction for all states? hawks5999 wrote: - quote - > When calculating your sales tax deduction using actual
Federal: No problem.> receipts, can you deduct sales tax paid outside your home > state. Travelled quite a bit last year and paid sales taxes > in several states. State: If your state's (or locality's) rate is higher, then you might have a problem - in that you may owe the difference between the rates as additional sales tax to your state/locality of residence. If you didn't pay that difference until after January 1, then you cannot count it (but count it in the next year). << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
01-16-2005, 09:42 PM
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| Re: Sales Tax deduction for all states? Billy Whatever wrote: - quote - > "hawks5999" <hawks5999[at]gmail.com> wrote:
theoretically yes you can.> > When calculating your sales tax deduction using actual > > receipts, can you deduct sales tax paid outside your home > > state. Travelled quite a bit last year and paid sales taxes > > in several states. > yes you can. Now, if the traveler left his wife at home with credit cards , how would you measure any differential in order to adjust the table amounts? (please to report that my first calculation of said deduction involved two states, TX and GA (part year), and thus resulted in a higher sales tax deduction. And I didn't even have to factor anything in regarding the fact GA exempts food purchased in grocery stores. ChEAr$, Harlan Lunsford, EA n LA Sat, 15 Jan 2005 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
01-15-2005, 06:42 PM
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| Re: Sales Tax deduction for all states? hawks5999 wrote: - quote - > When calculating your sales tax deduction using actual
Yes.> receipts, can you deduct sales tax paid outside your home > state. Travelled quite a bit last year and paid sales taxes > in several states. > Thanks so much for your help. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
01-15-2005, 06:23 PM
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| Re: Sales Tax deduction for all states? "hawks5999" <hawks5999[at]gmail.com> wrote: - quote - > When calculating your sales tax deduction using actual
yes you can.> receipts, can you deduct sales tax paid outside your home > state. Travelled quite a bit last year and paid sales taxes > in several states. bw << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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01-15-2005, 05:25 PM
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| Re: Sales Tax deduction for all states? "hawks5999" <hawks5999[at]gmail.com> wrote - quote - > When calculating your sales tax deduction using actual
If you have actual receipts, yes.> receipts, can you deduct sales tax paid outside your home > state. Travelled quite a bit last year and paid sales taxes > in several states. If you resided in several states, and that sounds like where you're headed, then counting the number of days is what it looks like what you do to use the tables. -- Paul A. Thomas, CPA Athens, Georgia << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
01-14-2005, 10:17 PM
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| Sales Tax deduction for all states? When calculating your sales tax deduction using actual receipts, can you deduct sales tax paid outside your home state. Travelled quite a bit last year and paid sales taxes in several states. Thanks so much for your help. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deduction, sales, states, tax |
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