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irs says,I can only use portion of the tax from my sales tax,,,what portion of or,% of that amount used on line 23..

2007-01-14 06:54:25 · 1 answers · asked by Edith P 1 in Business & Finance Taxes United States

1 answers

Sales tax that you collected and remitted to the state is only deductable if you included it as part of your gross sales. Otherwise, it has no effect on your Schedule C.

Maybe it is time to see a professional.

2007-01-14 08:18:39 · answer #1 · answered by Wayne Z 7 · 0 0

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