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URL:  http://boards.fool.com/gtgt-good-point-i-dont-recall-if-the-sales-24939760.aspx

Subject:  Re: Deducting state income tax Date:  12/15/2006  8:14 PM
Author:  irasmilo Number:  90015 of 121144

>> Good point. I don't recall if the sales tax deduction is being extended either, but I'm sure the NC taxes are going to be greater. <<

Yes, it was extended through 2007 a few days ago.


Actually, you're a bit premature. Congress passed the extenders, but they haven't been signed yet by President Bush. There's no reason to think that he won't sign it, but until he does, sales tax is not deductible.

Ira

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