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February 20, 2022
Question

If I am self employed, can I deduct my the excise, use and sales tax I paid to the state?

  • February 20, 2022
  • 1 reply
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We paid quarterly taxes to our state when we were selling handcrafted items last year. Can those be deducted from our federal return?

1 reply

February 20, 2022

Yes, you can deduct any taxes paid out of your gross earnings to arrive at the net earnings amount.

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