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URL:  https://boards.fool.com/the-quoted-text-says-quotsales-tax-is-22321878.aspx

Subject:  Re: Sales Tax and Turbo Tax.... Date:  4/7/2005  1:29 AM
Author:  DtrrrJoel Number:  78364 of 131432

The quoted text says "sales tax is deductible...." You know how much sales tax you paid. How in the world could more than you paid be deductible?

I was reviewing old posts and saw this chain How obnoxious to berate a guy for asking a simple question about sales tax. It appears to me that by taking the standard deduction for sales tax based on your income using the Optional State Sales Tax Tables is one way to deduct more than you paid if you actually paid less than this standard amount in tax over the year.

So, it seems like a fair question to ask if the generousity extends to the area of major purchases. I'm sure that everyone doesn't have the time to focus on all the details of these rules (some of us are busy driving around a couple of cars and a boat, I guess) and thats why they post their questions here.

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