Sentences with phrase «general sales taxes paid»

Also note that the instructions for Schedule A state that you should keep your actual receipts showing general sales taxes paid to take the 5b deduction — I take that to mean you should keep your receipts of paid use taxes as well.

Not exact matches

In general, business pays about forty percent of all sales tax levies in the state, and the Executive Budget proposes a number of sales tax changes that will impact both the providers of these services, as well and business and residential customers of those services.

Taxpayers will receive the same net benefit, but SOF spending growth appears lower.3 Other substantial changes include shifts in workers from payrolls in the general fund to those paid by capital funds, reclassifying the Sales Tax Asset Receivable Corporation (STARC) funds from a miscellaneous receipt to an offset against spending, and shifting expenses off - budget as shown in Table 3.

Since 2008, almost all of school's general fund monies, the fund paying teachers, is generated from sales tax.

Other states use a variety — and in some cases a combination — of different methods, from general fund revenues to sales, property or other special taxes or lottery proceeds to pay for school construction.

Record sales tax as an itemized deduction on Schedule A. Under item 5 in «Taxes You Paid,» mark box B and record your total general sales tax payments.

As a general rule, whenever you pay in person, businesses charge you the sales tax at that physical location.

However, if you paid sales tax on a motor vehicle at a rate higher than the general sales tax, you can deduct only the amount of the tax that you would have paid at the general sales tax rate on that vehicle.

Here's the general path to figuring that out When you sell any stock outside of an RRSP or RRIF, you must pay capital gains tax if you've made a profit on the sale.

The attorney general's office said Pre-War Art Inc., Gagosian's California affiliate, shipped and sold around $ 40 million in art from 2005 to 2015 to Gagosian's customers in New York, but did not pay taxes on those sales.