FIRE'd@51
Thinks s/he gets paid by the post
- Joined
- Aug 28, 2006
- Messages
- 2,433
From today's Washington Post
If you are subject to the AMT, you probably should take the sales tax deduction rather than the state income tax deduction. You will lose either on your Federal Tax Return, but many states allow the sales tax deduction.
http://www.washingtonpost.com/wp-dyn/content/article/2007/04/14/AR2007041400116.html
If you are subject to the AMT, you probably should take the sales tax deduction rather than the state income tax deduction. You will lose either on your Federal Tax Return, but many states allow the sales tax deduction.
http://www.washingtonpost.com/wp-dyn/content/article/2007/04/14/AR2007041400116.html
