VABills Posted January 3, 2005 Share Posted January 3, 2005 Did anyone hear this? Seems like you can either deduct for state and local income taxes from your federal return or if you have kept all of your receipts , you can deduct your sales taxes. http://fredericksburg.com/News/FLS/2005/01...2005/1104763507 Link to comment Share on other sites More sharing options...
blzrul Posted January 3, 2005 Share Posted January 3, 2005 Did anyone hear this? Seems like you can either deduct for state and local income taxes from your federal return or if you have kept all of your receipts , you can deduct your sales taxes. http://fredericksburg.com/News/FLS/2005/01...2005/1104763507 191514[/snapback] Just passed in late fall. There's a table you can use if you didn't save your sales receipts - which most people wouldn't have during 2004 since the law was only just enacted. Link to comment Share on other sites More sharing options...
DC Tom Posted January 3, 2005 Share Posted January 3, 2005 Did anyone hear this? Seems like you can either deduct for state and local income taxes from your federal return or if you have kept all of your receipts , you can deduct your sales taxes. http://fredericksburg.com/News/FLS/2005/01...2005/1104763507 191514[/snapback] Either/or? Why not both? Link to comment Share on other sites More sharing options...
VABills Posted January 3, 2005 Author Share Posted January 3, 2005 Either/or? Why not both? 191523[/snapback] Do I look like I work for the IRS? Don't ask me. I just thought it was interesting, especially for those in states with low or no income tax. Seems like this is a nice tax savings for them. Florida is one, not sure who else. Link to comment Share on other sites More sharing options...
DC Tom Posted January 3, 2005 Share Posted January 3, 2005 Do I look like I work for the IRS? 191534[/snapback] No. They're taller. Link to comment Share on other sites More sharing options...
Alaska Darin Posted January 3, 2005 Share Posted January 3, 2005 No. They're taller. 191551[/snapback] And they can spell "cognizant". Link to comment Share on other sites More sharing options...
VABills Posted January 3, 2005 Author Share Posted January 3, 2005 And they can spell "cognizant". 191565[/snapback] You sir are a one trick pony. When you feel like contributing please come back. Damn ****. Link to comment Share on other sites More sharing options...
Alaska Darin Posted January 3, 2005 Share Posted January 3, 2005 You sir are a one trick pony. When you feel like contributing please come back. Damn ****. 191576[/snapback] The irony in that post...Never mind. Link to comment Share on other sites More sharing options...
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