Comments on: Is The Sales Tax I Paid On A Vehicle Purchase In Texas Deductable From My Federal Income Taxes?

By: djarrett

djarrett — Thu, 26 Nov 2009 16:00:59 +0000

Yes, on your Schedule A, which means you would need to itemize to receive the deduction. If you don’t itemize, your standard deduction might be greater than your itemized deductions.
You may want to contact a tax professional for your state taxes, as there are additional schedules you will need to file for the tax paid, as well as resident and nonresident state tax returns.

By: Hops Aficionado

Hops Aficionado — Thu, 26 Nov 2009 16:00:59 +0000

Only if you can itemize deductions.

By: bud68

bud68 — Thu, 26 Nov 2009 16:00:59 +0000

YES

By: angbil19

angbil19 — Thu, 26 Nov 2009 16:00:59 +0000

Yes. However this will only help you if you itemize instead of taxing the standard deduction.

By: Cheliebe

Cheliebe — Thu, 26 Nov 2009 16:00:59 +0000

Yes, if you are already itemizing on a schedule A (itemized deductions) you can enter sales tax on it in the taxes portion. Your itemized deductions have to be over the standard deduction in order for it to count. If you have any questions, please feel free to contact me. I’ll be happy to help.