TAXES
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A List of Deductible Taxes
Decision Center
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How Extra Tax Payments Can Cut Your Tax Bill
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Here are other taxes that you might be able to deduct to reduce your overall tax bill.
Taxes imposed by states, cities and possessions of the United States:
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Auto registration (to the extent it is based on value)
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Income taxes (except where claimed as a credit)
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Personal property taxes
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Real property taxes
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Foreign taxes
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Income, war profit, excess profit (unless claimed as a credit) taxes
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Real estate taxes
If paid or accrued in connection with a business or for the production of income, you can also deduct these Federal taxes:
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Excise
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Import duties
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Liquor
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Railroad Retirement (employers)
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Social Security/Medicare (employers)
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Stamp
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Tobacco
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Unemployment/Disability (employers)
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What deductions and credits can I take?
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Articles
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Next Steps
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Copyright 1998 Microsoft Corporation
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