state and local general sales tax - publication 600?

Question

Ok, Im a little confused. Apperently I must not be reading something right. But on “state and local general sales tax” publication 600. I seem to get a tax credit of $372. So where do I put this on my 1040? All the info I seem to find is pointing to put it in the income section that makes no sense.

Answer 1

You don't get a credit for that amount, that's the amount you can deduct on Schedule A if you itemize your deductions and elect to deduct state sales taxes instead of state income taxes. If you don't itemize, you get no benefit from the deduction. Just ignore it in that case.

Answer 2

If Florida does no longer have an state earnings tax, you would be able to decide for to deduct sales tax in case you itemize, interior the situation the place you may record state and native earnings taxes in case you had them. you in simple terms take those in case you itemize. you have a decision - you could the two save all your receipts, which could be truly confusing, or you could take a typical quantity it truly is permitted on your state and kinfolk length, and upload sales tax paid on super purchases like a vehicle. This became into between the breaks that became into to run out in 2006, yet became into prolonged with the aid of Congress in December and signed with the aid of Bush.

Answer 3

1 800 629 1040

Internal Revenue Service- Taxpayer Assistance Division
Look in the phone book under U.S. Government to find the address of the nearest office to you and go there with all your paperwork in person. They will not only figure your taxes,but file them and all for FREE!!!!