I have been saving receipts all year long to see if my sales tax paid exceeds my state income tax paid. If my sales tax paid is greater than my state income tax paid, I will use it for my deduction on my tax return. I asked my accountant about it to make sure I could do this, and he said I have to use the IRS tables to compute my sales tax paid, and that I can not use "Actual" sales tax paid based on my receipts. Is he correct, or should I continue to save all of my receipts?
- posted
18 years ago