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yes i did it.
On your Federal return you may deduct State Sales Taxes paid in lieu (that is instead of) State income taxes paid. This is only advantageous if you have a very large amount of sales tax for a year (like you buy a plane or expensive new cars, etc), or - and this is why they out the provision in, you live in a State that doesn't have an income tax.
What else can I help you with?
What component of accounting classification identifies the nature of the services or items purchased or what is being purchased?
EEIC
If you replace a leaking roof and add a deck to your rental property can you deduct the costs on your taxes?
You can deduct the costs over time. Both items are considered capital expenditures, so must be depreciated over the life of the property (27.5 years).
What is FIFO perpetual inventory system?
An inventory that assumes that the first items purchased (first in) were the first items sold (first out).
What component of an accounting classification identifies the nature of the services or items purchased or what is being purchased?
Element of Expense Invenstment Code (EEIC)
Can interest paid on credit cards be claimed on taxes?
This would depend on where you live. In the UK, if the items purchased on the credit card were purchased solely for the business then the interest paid to the credit card company until these items were paid off might be considered a business expense. Essentially the business would be paying the credit card company interest for loaning it the money to purchase the business items. In this case proof of the interest accrued should be retained for tax records in addition to the receipts for the items purchased.
If you are an independent contractor what expenses can you legally deduct?
.taxformprocessing.com/tax/faq/tax6.htm I work with Independent contractors and here is a website that is an easy to read list of the most general items you can deduct, use your discretion based on the type of work you do.
What are shiny items purchased from European traders?
what shiny items purchased from european traders
Where can one purchase a copper pan?
Copper pans can be purchased from specialist online retailers such as CopperPans or HeadCook. These items can also be purchased from general retailers such as Amazon, or auction sites such as eBay.
What items can be purchased at The Scooter Store?
There are many items that can be purchased at The Scooter Store. Examples of items that can be purchased at The Scooter Store includes power chairs and mobility scooters.
What retailers offer Brabantia ironing boards?
Brabantia can be purchased from websites such as Just-Brabantia, IroningBoardShop and directly from the online store on the Brabantia website. These items can also be purchased from general online retailers such as Amazon.
Where can one purchase a herringbone necklace?
Herringbone necklaces can be purchased from most high street jewelry stores. These items can also be purchased online from many online jewelry stores or general retailers such as Amazon or eBay.
Can you sell purchased items?
No, they have all ready been sold if they are purchased.
Where is the purchased item in your bag on Poptropica?
In your item bag, the space where it shows what island the items are from can be clicked on. You will have the option of veiwing your purchased items.
In the product market is purchased by households?
Items and products are purchased by households. These items need to have some value to the household or they will not purchase them, no matter the cost.
Where can a Leslie speaker be purchased?
Actually Leslie speaker are very hard to purchase. Some items can be purchased at eBay. But there are also shops that specialized in selling Leslie speakers and repair parts, like for example the famous "Tonewheel General Hospital".
What Costs a penny?
Tax on items purchased.
Where can corporate promotional items be purchased?
FHWA recently issued new guidance on the purchase of promotional items. In general, the purchase of promotional items with federal funds is prohibited. This includes pens, cups, shirts, scissors, balloons, and buttons. Also, you may not use the value of the items to count as a match for federal funds.
