Texans Can Now Deduct Sales Tax on Tax Returns - KCBD NewsChannel 11 Lubbock

10/22/04

Texans Can Now Deduct Sales Tax on Tax Returns

Last week we told you about a bill that would save many of you money on your federal tax returns. Now it's a law.

President Bush signed the corporate tax bill today. The package includes deduction benefits for Texans who itemize their taxes rather than taking the standard deduction.

The state comptrollers office estimates it will save the average family who itemizes about $400.

Powered by Frankly