Taxpayers can deduct actual sales tax for vehicles and vessels in addition to the regular SALT table amount, using an IRS table based on state of residence and family size.
reported by one outlet so far · Reported fact · first recorded Jul 8, 5:30 AM
How each outlet reported it
cpapracticeadvisor.comUnrated · Jul 8, 12:45 AM
You can deduct actual sales tax for vehicles and vessels in addition to the regular SALT table amount.
Cites: IRS · Details: actual sales tax deductible separately
cpapracticeadvisor.comUnrated · Jul 8, 12:45 AM
An IRS table based on state of residence and family size can be used to calculate SALT deductions.
Cites: IRS · Details: IRS table available