0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Which states have both sales tax and income tax?
The following do not pay local sales tax: Alaska Sales tax is that which has the tabular form in IRS site Income tax is that which is already withholded by any state etc
need arizona state income tax form?
need arizona state income tax form
PRINTABLE PENNA STATE INCOME TAX FORM?
PRINTABLE PENNA STATE INCOME TAX FORM
Is the value added tax deductible as a sales tax on federal income tax returns?
I don't believe that any state has VAT. To answer your question, no VAT is not deductible as Sales Tax on Schedule A of the 1040 Form.
Do states that have a state income tax do not collect the sales taxes?
I live in California and we have income/ sales taxes/ gas taxes. Right now our gas price per gallon is 3.38 and a majority of the price is in taxes. Even if you move out of state or the country if you earned money in California you are suppose to file a state income tax form. I think if you were on the moon California would tax you. The sales taxes vary according to city or area. In some places it is 8-9% on the dollar, but the state sets it at 7 %. California is expensive to live in.
Which states have both sales tax and income tax?
The following do not pay local sales tax: Alaska Sales tax is that which has the tabular form in IRS site Income tax is that which is already withholded by any state etc
need arizona state income tax form?
need arizona state income tax form
PRINTABLE PENNA STATE INCOME TAX FORM?
PRINTABLE PENNA STATE INCOME TAX FORM
Is the value added tax deductible as a sales tax on federal income tax returns?
I don't believe that any state has VAT. To answer your question, no VAT is not deductible as Sales Tax on Schedule A of the 1040 Form.
Do states that have a state income tax do not collect the sales taxes?
I live in California and we have income/ sales taxes/ gas taxes. Right now our gas price per gallon is 3.38 and a majority of the price is in taxes. Even if you move out of state or the country if you earned money in California you are suppose to file a state income tax form. I think if you were on the moon California would tax you. The sales taxes vary according to city or area. In some places it is 8-9% on the dollar, but the state sets it at 7 %. California is expensive to live in.
Is used car sales tax deductible?
If you file a Form 1040, and itemize deductions on Schedule A, you have the option of claiming either state and local income taxes or state and local sales taxes. (You can't claim both.) If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount if it is larger than your State & Local income taxes that year.In most States with an income tax this is rather uncommon, unless you have made some fairly substantial sales taxable purchases and have both a low taxable income and enough expenses to itemize.
What form do you file when filing for the state income tax return?
When you are filing for the state income tax return, you will fill form 1040.
what form do I use for file state income tax for single ?
what short form do I use for filing state income tax for filing single
When filing the pa state income tax refund do you attach it with your 1040 federal income tax refund form?
Your PA state income tax form is sent to the state and not the IRS. The 1040 will be sent to the IRS. No need to send the state with the 1040.
can you pay state income tax on line with credit card and mail the form ?
can you pay state income tax on line with credit card and mail the form
How do I print Missouri State Tax Form?
how doe I print Missouri state income tax form
Are state income payments deductible on federal taxes?
Yes, State Income Taxes are deductible against Federal income; not the amount you owe the state, but the amount you actually paid through withholding, prior year credits, payments with the prior year state return, and/or estimated payments, during the calendar year for which you are filing Form 1040.You must file a 1040 Schedule A, Itemized Deductions in order to claim either state income tax or state salestax on your return. Your total itemized deductions need to be greater than your Standard Deduction to be of benefit to you.If you file a Form 1040, and itemize deductions on Schedule A, you have the option of claiming either state and local income taxes or state and local sales taxes. (You can't claim both.) If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount.If you didn't save all your receipts, you can still choose to claim state and local sales taxes. You can even use the Sales Tax Deduction Calculator to figure how much state sales taxes you can claim if you decide to go that route.Using the Sales Tax Deduction CalculatorTo figure the amount of optional general sales tax you are eligible to claim, just answer a few online questions and the system does the rest.First select the year you are filing taxes for. Then, using your ZIP Code and just a few entries from your draft Form 1040, the Sales Tax Deduction Calculator will automatically figure the amount of state and local sales tax you can claim. You will see the results from your entries immediately on your computer screen. Even if state and local sales tax rates changed during the year (e.g., due to changes in state and local rates or because you moved your personal residence), the Sales Tax Deduction Calculator can handle it.Your entries are anonymous and the information is collected solely to allow you to determine your total allowable deduction. All entries are erased when you exit or start over.
