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its been this way in Texas for a while and I luuuuuvvvvv it! I deduct, well what dont I deduct!
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12-05-2009, 12:21 PM
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#2 (permalink) | |
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Base Member
Join Date: Oct 2009
Location: D/FW
Posts: 54
Drives: 2004 G35 Coupe
Rep Power: 17  |
Quote:
What's been this way in Texas for a while? Texas has no state income tax, and you've never been able to deduct sales tax from a car purchase on your federal return before. |
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12-15-2009, 08:51 PM
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#3 (permalink) | |
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Base Member
Join Date: Dec 2009
Location: Melbourne Beach FL
Posts: 11
Drives: still shopping
Rep Power: 17 |
Quote:
Florida also has no state income tax and we are alowed to deduct ALL sales taxes paid during the year. I keep all my receipts and the actual tax paid is always more than what is printed in the tax table especially if a major purchase ...ie auto...was made during the year. |
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