Question

Which of the following taxes is not deductible as an itemized deduction?a. Property tax on second residenceb. Sales tax in a state with no income taxc. Federal income taxd. State income tax

Answer 1

Answer:

b. Sales tax in a state with no income tax

Explanation:

• Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.  

• Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.

• The list of expenses can also be itemized by there are limited to the tax year.