The Lindbergh Baby wrote:
There are a few people who put on yard/estate sales professionally, and
they give receipts and charge the tax. They also price stuff too high
for my taste, but there are enough stupid people who collect
collectibles that they can get away with it.

AND some localities make you get a license (with a fee, of course) and
not have more than one or two sales per year. Every once in a while I
see a cop rousting an unlicensed yard sale.

Hell in a handbasket.

--
Cheers,
Bev
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$
"If you put the government in charge of the desert, there would
be a sand shortage within ten years." -- M. Friedman (?)

Wendy Marshall wrote:

I'm sure they don't enforce it, but it's still The Law.

--
Cheers,
Bev
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$
"If you put the government in charge of the desert, there would
be a sand shortage within ten years." -- M. Friedman (?)

"Tony P." wrote:
Wouldn't that only apply if you sold the car for more than you paid for
it?

--
Cheers,
Bev
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$
"If you put the government in charge of the desert, there would
be a sand shortage within ten years." -- M. Friedman (?)

"Matthew S. Whiting" <m.whiting@computer.org> wrote
This is *not* true. Sales tax is *not* itemizable (is that a real verb?)
Only *excise* tax can be itemized.

Floyd (lives in WA state and knows)

The Real Bev wrote:

That may be the case in the state in which you live, but please understand that
states can and do explicity exempt occasional (ie. not more than once per quarter)
yard sales and the like from sales tax requirements. For example, South Carolina
and Massachusetts do have such an exemption.

In article <wL8%b.8504$QP.5008@twister.rdc-kc.rr.com>,
Steve Barker <railphotonut@not.hotmail.com> wrote:
Then you're playing their game.
--
Matthew T. Russotto mrussotto@speakeasy.net
"Extremism in defense of liberty is no vice, and moderation in pursuit
of justice is no virtue." But extreme restriction of liberty in pursuit of
a modicum of security is a very expensive vice.

In article <403D43B5.4721C95D@earthlink.net>,
chuck smoko <csmoko@earthlink.net> wrote:
If states add your state refund back into your _state_ income, they are taxing
you on your refund, which is double-taxation.

If you itemize, you have to add state refunds back into your Federal
income, but that's because you deducted that amount the year before.
--
Matthew T. Russotto mrussotto@speakeasy.net
"Extremism in defense of liberty is no vice, and moderation in pursuit
of justice is no virtue." But extreme restriction of liberty in pursuit of
a modicum of security is a very expensive vice.

In article <9Vc%b.7066$o01.3641@twister.rdc-kc.rr.com>,
Steve Barker <railphotonut@not.hotmail.com> wrote:
If you don't itemize, you don't deduct state taxes and therefore do
not have to add the refund into the federal income. You've been
handing the IRS money even they don't think they deserve. See the
instructions for line 10.



--
Matthew T. Russotto mrussotto@speakeasy.net
"Extremism in defense of liberty is no vice, and moderation in pursuit
of justice is no virtue." But extreme restriction of liberty in pursuit of
a modicum of security is a very expensive vice.

In article <403D7996.45AF7E5A@myrealbox.com>,
The Real Bev <bashley@myrealbox.com> wrote:
Nope. Pennsylvania, for one, specifically exempts such things. I can
hold a yard sale and sell all my old crap and legally not be required
to collect and pay any sales tax (nor PA income tax) on it. Not all
the country is yet the hell that is California government.
--
Matthew T. Russotto mrussotto@speakeasy.net
"Extremism in defense of liberty is no vice, and moderation in pursuit
of justice is no virtue." But extreme restriction of liberty in pursuit of
a modicum of security is a very expensive vice.

In article <403D7996.45AF7E5A@myrealbox.com>, bashley@myrealbox.com says...
This year NY state is adding a line where you are supposed to put in
any mail order or out of state purchases you made so that they can collect
the full NY sales tax, or the difference between what you paid in the other
state and the NY state sales tax. I wonder how many people are actually
going to put in an amount on that line?
---------------
Alex

Tony P. wrote:
Hardly just the fault of unions. I'm no union apologist, but there
aren't unions keeping in business departments in the government whose
jobs were done 50 years ago.



John

--
To reply, remove "die.spammers" from address


Von Herzen, moge es wieder zu Herzen gehen. --Beethoven

Why in the word do you 'lend' your money to the government
interest free every year? One should set their withholding
so as to deduct what they owe annually, or even a bit less.


mike hunt



Steve Barker wrote:

"James C. Reeves" <jcnospam@nospam.com> wrote in message news:<OJadnR8QAcfrc6bdRVn-vw@comcast.com>...
Not true in the State of Maryland. The Federal Government requires
that you list your previous year's state refund as income as you had
already taken a deduction on the "full" amount of taxes paid to the
state in that year. In order to then do the Maryland taxes, you take
the gross income figure from your federal return and SUBTRACT out the
refund of the previous year.

"fbloogyudsr" <fbloogyudsr@nwlink.com> wrote in message news:<103r1hgg7c71t87@corp.supernews.com>...
Last time I checked, sales tax *could* be deducted as an itemized
expense. The thing is, I once tracked it (some 20 years ago) and it
didn't even come close to being worth the bother.
--
C.R. Krieger
(Been there; done 100)

The Real Bev wrote:

Tell the cop it's not a sale, it's gift-giving, like when one rich
Republican SOB charitably "gifts" something to another and doesn't have
to pay tax on the transaction. The pricetags are suggested
appreciations, NOT payments for the gifts.



John

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To reply, remove "die.spammers" from address


Von Herzen, moge es wieder zu Herzen gehen. --Beethoven

fbloogyudsr wrote:
I've never heard of getting a refund of sales tax paid, only income tax
if it was overpaid, so I presume that was the topic of discussion here.
State income tax is indeed deductible if you itemize.

Matt

C.R. Krieger wrote:
Sales tax hasn't been deductible any time in my recollection, which is
more than 20 years ago. Which country are you talking about?


Matt

"C.R. Krieger" <warp2_shadow@yahoo.com> wrote
As an *expense* vis-a-vis a business, yes. But one of the side effects
of Reagan's tax reform was that state sales tax is no longer able to
be deducted (in the same manner as excise tax) on Form 1040
schedule A (which is generally limited to income, real estate, &
personal property taxes).

FloydR

The Real Bev wrote:

It's not The Law in California either. Occasional sales, such as garage sales, are
generally not subject to sales tax if the seller is not engaged in business
requiring a seller's permit and has less than three garage sale type sales per year.
See CA tax sections 6006.5 and 6367.

On Wed, 25 Feb 2004 23:13:45 -0500, Wendy Marshall
<wendy.marshall@spam.free> wrote:
Your point? Maybe you should read more carefully. Everybody who does
not itemize can take the standard deduction. However, the amount of
the deduction is far higher than they are entitled to, because people
who do not itemize do not have deductions equal to the standard
deduction. Ergo they take deductions that exceed their actual
expense, which of course leads to the statement that they are getting
a deduction that is greater than they should be.

I can only assume your confusion is due to your being a liberal who
feels we are only entitled to that which the government gives us.