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if you pay a ny state sales tax quarterly for self-employment can that be used as a deduction for income tax?

2007-03-03 08:00:36 · 1 answers · asked by bluepolisheyes007 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

No. You are only a collecting agent for the state for sales tax. The money was never yours so it does not go on your income tax return at all.

2007-03-03 08:08:07 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋

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