Compare what you paid in sales tax to your state and local taxes. Deduct the larger of the two. But there's a catch. Many, or all, of the products featured on this page are from our advertising ...
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Sales Tax Deduction: What It Is and How to Claim It
The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...
A consumption tax on the sale of goods and services that states and local governments impose when you purchase certain taxable goods and services. A taxable sale includes any transaction in which ...
From now through August, 17 states are having sales tax holidays for back-to-school shopping. Tax-free days are times when shoppers don’t have to pay state sales tax on certain items up to a certain ...
While you and I might consider candy a necessity, not all states agree, making the definition of candy a tricky one. Halloween spending is expected to reach $11.6 billion in 2024, just shy of last ...
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