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    Sales tax on generator?

    Do you think the sales tax on a generator (cost almost $4000) would be one of the additions to the sales tax table?

    It is a large purchase.......a older used car could cost the same...

    It's a possibility??? Any opinions?

    Linda F

    #2
    Generator

    Yes any sales tax imposed on and paid by the purchaser is deductible as sales tax.

    Comment


      #3
      Sales tax added to tax tables

      I don't think the generator qualifies as an add-on to the sales tax tables.

      While sales tax on the generator may be deductible if your client has enough receipts to exceed the tax tables, I don't think you can add the tax on the generator.

      See TaxBook 4-9 and there is a list of items that can be added on. Generator does not come under any of those listed.
      Jiggers, EA

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        #4
        I'm sure the ...........

        .......... list is not all inclusive. I take anything that is out of the ordinary, one time expense and $2,000 or more.
        This post is for discussion purposes only and should be verified with other sources before actual use.

        Many times I post additional info on the post, Click on "message board" for updated content.

        Comment


          #5
          Agree with Jiggers. Pub. 600 says add tax paid on "certain specified items" to table amount. Items are specified on p. 4-9 TTB & in Pub 600.

          Comment


            #6
            generator

            And a generator, being personal property, could not even be included in the "substantial addition to or major renovation of a home."
            ChEAr$,
            Harlan Lunsford, EA n LA

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              #7
              not all inclusive

              >>I'm sure the list is not all inclusive. I take anything that is out of the ordinary, one time expense and $2,000 or more.<<

              What do you base this position on, Bob?

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