The Saving Advice Forums - A classic personal finance community.

IRS State Sales Tax Deduction Tables - 2004

Collapse
This is a sticky topic.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • IRS State Sales Tax Deduction Tables - 2004

    The 2004 American Jobs Creation Bill allows individual taxpayers who file itemized deductions (Schedule A) on their tax return the option to deduct their state and local sales tax or state income taxes on their 2004 tax return.

    For those living in the states of Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming the choice is easy since they don't have state income taxes. Anyone living in the other 43 states, however, will have to take the time and figure out which of the two options is most beneficial in saving them money on their taxes.

    For 2004, most taxpayers will likely opt for the sales tax tables provided by the government since they are unlikely to have the receipts to support a claim of how much they actually paid in sales tax. The IRS has created standard sales tax tables that will give you a specific dollar amount of sales tax that you can deduct for your state depending on your income and number of dependants. Here are the tables for each state provided by the IRS:

    <script type="text/javascript">google_ad_client = "pub-8949118578199171";google_ad_width = 728;google_ad_height = 90;google_ad_format = "728x90_as";google_ad_channel ="";google_color_border = "EAEAEA";google_color_bg = "EAEAEA";google_color_link = "4271B5";google_color_url = "99CC66";google_color_text = "000000";</script>
    <center><script type="text/javascript"src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></center>

    <A HREF="http://www.savingadvice.com/state_sales_tax/alabama.html">Alabama Sales Tax Deduction Table</A>

    Alaska Sales Tax Deduction Table: There is no table for Alaska. If you live in Alaska and paid any local sales taxes, you must use your actual expenses to figure your sales tax deduction.

    <A HREF="http://www.savingadvice.com/state_sales_tax/arizona.html">Arizona Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/arkansas.html">Arkansas Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/california.html">California Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/colorado.html">Colorado Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/connecticut.html">Connecticut Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/district_of_columbia.html">District of Columbia Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/florida.html">Florida Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/georgia.html">Georgia Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/hawaii.html">Hawaii Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/idaho.html">Idaho Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/illinois.html">Illinois Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/indiana.html">Indiana Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/iowa.html">Iowa Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/kansas.html">Kansas Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/kentucky.html">Kentucky Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/louisiana.html">Louisiana Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/maine.html">Maine Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/maryland.html">Maryland Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/massachusetts.html">Massachusetts Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/michigan.html">Michigan Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/minnesota.html">Minnesota Sales Tax Deduction Table</A>

    <script type="text/javascript">google_ad_client = "pub-8949118578199171";google_ad_width = 728;google_ad_height = 90;google_ad_format = "728x90_as";google_ad_channel ="";google_color_border = "EAEAEA";google_color_bg = "EAEAEA";google_color_link = "4271B5";google_color_url = "99CC66";google_color_text = "000000";</script>
    <center><script type="text/javascript"src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></center>

    <A HREF="http://www.savingadvice.com/state_sales_tax/mississippi.html">Mississippi Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/missouri.html">Missouri Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/nebraska.html">Nebraska Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/nevada.html">Nevada Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/new_jersey.html">New Jersey Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/new_mexico.html">New Mexico Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/new_york.html">New York Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/north_carolina.html">North Carolina Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/north_dakota.html">North Dakota Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/ohio.html">Ohio Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/oklahoma.html">Oklahoma Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/pennsylvania.html">Pennsylvania Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/rhode_island.html">Rhode Island Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/south_carolina.html">South Carolina Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/south_dakota.html">South Dakota Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/tennessee.html">Tennessee Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/texas.html">Texas Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/utah.html">Utah Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/vermont.html">Vermont Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/virginia.html">Virginia Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/washington.html">Washington Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/west_virginia.html">West Virginia Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/wisconsin.html">Wisconsin Sales Tax Deduction Table</A>

    <A HREF="http://www.savingadvice.com/state_sales_tax/wyoming.html">Wyoming Sales Tax Deduction Table</A>

    source: <A HREF="http://www.irs.gov/pub/irs-pdf/p600.pdf">IRS Publication 600</A>
Working...
X