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Tax Dedudctible Taxes

Tax Dedudctible Taxes Tax Deduction

The deductible taxes are state, local and foreign income taxes, real estate property taxes, personal property taxes, and state and local sales taxes. You must pay these taxes during your tax year to deduct them in your return. You can claim these deductions if you itemize your deductions in Schedule A.

Eligibility

You must pay these taxes in the tax year.

How to Claim

Schedule A

References

Tax Topics

Last Updated ( Sunday, 06 September 2009 04:03 )