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March 23, 2021
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Sales Tax Deduction - Enter All My Receipts Calculation

  • March 23, 2021
  • 1 reply
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When using the "Enter All My Receipts" function, is it safe to calculate the tax spent using 2020 credit card statements?  Does that count as a receipt?

Thank you in advance!

    Best answer by MinhT1

    No.

     

    When you opt to deduct actual sales taxes, you must use receipts which show the amount of sales tax paid. Entries on the credit card statements do not show the amount of sales tax paid.

    1 reply

    MinhT1Answer
    March 23, 2021

    No.

     

    When you opt to deduct actual sales taxes, you must use receipts which show the amount of sales tax paid. Entries on the credit card statements do not show the amount of sales tax paid.

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