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#3
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| "Martin K" <mrmarty[at]attglobal.net> wrote: - quote - > I moved from Texas last year (no income tax state) to
You suspect correctly. One or the other, for the entire> Vermont (income tax state). Can I prorate the Texas sales > tax deduction for the time I lived in Texas and deduct the > Texas sales tax? Then deduct the actual Vermont income tax I > paid? > I suspect not but it does not hurt to ask. year. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
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| Martin K wrote: - quote - > I moved from Texas last year (no income tax state) to
Your suspicions are correct. You use actual or you use the> Vermont (income tax state). Can I prorate the Texas sales > tax deduction for the time I lived in Texas and deduct the > Texas sales tax? Then deduct the actual Vermont income tax I > paid? > I suspect not but it does not hurt to ask. tables in Pub 600. If you use the tables, you would use both the Texas & Vermont tables. -- Alan http://taxtopics.net << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
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| "Martin K" <mrmarty[at]attglobal.net> wrote: - quote - > I moved from Texas last year (no income tax state) to
No, You can prorate the TX and VT sales tax deductions for> Vermont (income tax state). Can I prorate the Texas sales > tax deduction for the time I lived in Texas and deduct the > Texas sales tax? Then deduct the actual Vermont income tax > I paid? > I suspect not but it does not hurt to ask. the period of time you were a resident of each state, but the final decision is whether to take the total sales tax deduction or the total state income tax deduction. You can't mix and match. Ira Smilovitz << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| "Martin K" <mrmarty[at]attglobal.net> wrote: - quote - > I moved from Texas last year (no income tax state) to
its either or - but not both> Vermont (income tax state). Can I prorate the Texas sales > tax deduction for the time I lived in Texas and deduct the > Texas sales tax? Then deduct the actual Vermont income tax I > paid? > I suspect not but it does not hurt to ask. ___________________________________ <<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <----- << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
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| I moved from Texas last year (no income tax state) to Vermont (income tax state). Can I prorate the Texas sales tax deduction for the time I lived in Texas and deduct the Texas sales tax? Then deduct the actual Vermont income tax I paid? I suspect not but it does not hurt to ask. Thanks Marty << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| income, sales, state, tax |
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