Skip to main content
March 17, 2025
Question

RV purchase

  • March 17, 2025
  • 1 reply
  • 0 views

We purchased an RV out of state in Dec '24 but didn't pay the sales tax in our state until Jan '25.  Which tax year do we include this major purchase on our tax return?  

    1 reply

    Employee
    March 17, 2025

    If you paid the sales tax in 2025 it goes on your 2025 tax return.  Sales tax is an itemized deduction that goes on Schedule A.  If you do not have enough other itemized deductions like mortgage interest and medical expenses  and/or charity donations to go on Schedule A and exceed your standard deduction, sales tax will have no effect on your tax due or refund.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**