Can i claim fed & state deduction on taxes paid when purchased used boat in ky? - used boat tax ontario
Used in acquisition of ships in 2006 and paid $ 900 state tax ... I claim a deduction like this>
Tuesday, December 8, 2009
Used Boat Tax Ontario Can I Claim Fed & State Deduction On Taxes Paid When Purchased Used Boat In Ky?
3 comments:
When it comes to taxes, then he can. The question is, is it worth it? Sales tax deduction is an alternative to the deduction of income tax. The tables in Publication 600 allows you to calculate the deduction of tax youe. Then compare their state tax deduction (the amount that the take) they were granted, and all taxes on income that is paid to the estimates of state in 2006, and whichever is higher. Of course, this applies only if you list. If you do not write, can not be any deductions.
Maybe, but probably not bother because you probably do not track sales of state taxes paid, and if not, must not exceed the tax you have paid the state and closed normally.
I do not think you can unless the purchase is for work, or your company. I'm not positive, but I'm pretty sure
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