Comments on: Is the sales tax I paid on a vehicle purchase in Texas deductable from my federal income taxes? http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/ Taxes in Colorado | Colorado Tax Tea Party | Colorado Jobs| Colorado Homes Wed, 27 Jan 2010 04:53:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: engineer50 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/comment-page-1/#comment-39 engineer50 Thu, 28 Feb 2008 18:14:21 +0000 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/#comment-39 Only if you can itemize deductions. Only if you can itemize deductions.

]]> By: J PAres1 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/comment-page-1/#comment-38 J PAres1 Thu, 28 Feb 2008 17:50:49 +0000 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/#comment-38 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. 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.

]]> By: danjarrett65 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/comment-page-1/#comment-37 danjarrett65 Thu, 28 Feb 2008 17:50:39 +0000 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/#comment-37 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. 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: angbil1991 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/comment-page-1/#comment-36 angbil1991 Thu, 28 Feb 2008 17:49:58 +0000 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/#comment-36 YES YES

]]> By: Cheliebean http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/comment-page-1/#comment-35 Cheliebean Thu, 28 Feb 2008 17:47:04 +0000 http://www.stop42colorado.org/is-the-sales-tax-i-paid-on-a-vehicle-purchase-in-texas-deductable-from-my-federal-income-taxes/#comment-35 Yes. However this will only help you if you itemize instead of taxing the standard deduction. Yes. However this will only help you if you itemize instead of taxing the standard deduction.

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