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State and local sales tax deduction remains, but subject to a new limit

State and local sales tax deduction remains, but subject to a new limit

by Capocore Professonal Advisors | Jan 30, 2018 | Individual Tax Brief

Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes. The ability to deduct state and local taxes — including income or sales taxes, as well as property taxes — had been on the tax reform...
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Capocore Professional Advisors - 46 W. Shadbolt Ste A Lake Orion, Michigan 48362