If 2014 tax law is extended into 2015, state sales taxes can be deducted in lieu of state income taxes.

Name: If 2014 tax law is extended into 2015, state sales taxes can be deducted in lieu of state income taxes.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

This is true according to the 2014 tax law which allows taxpayers to choose between deducting state income taxes or state sales taxes on their federal tax return. If this law is extended into 2015, the same option will be available for the 2015 tax year.

If 2014 Tax Law Is Extended into 2015, State Sales