Publication 600

Publication 600

A form published by the IRS explaining the tax deductibility of sales taxes paid to state and local governments. While sales taxes are deductible, one cannot deduct both sales taxes and state income taxes.
References in periodicals archive ?
To claim actual sales taxes, taxpayers can refer to receipts saved during the year or to the state sales-tax tables in IRS Publication 600.
IRS Publication 600 defines major purchases as motor vehicles, boats, airplanes and materials to remodel or build a house.
The sales tax on a major purchase can be added to the standard amounts published in the IRS sales tax tables as found in IRS Publication 600 and can be deducted on your tax return if you itemize.