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 ?
In the order of preference, these are the International Standby Practices (International Chamber of Commerce publication 590, or "ISP98"), the Uniform Customs and Practice for Documentary Credits (ICC publication 600, or "UCP600") and the Uniform Rules for Demand Guarantees (ICC publication 458, or "URDG").
IRS Publication 600 defines major purchases as motor vehicles, boats, airplanes and materials to remodel or build a house.
IRS Publication 600 allows taxpayers to pro-rate income based on period of residence, and then apply the tax tables for each state to that state's portion of the income.