Tax Gurus: State General Sales Tax Deduction, gone for 2015?

[HPstache]

For those of us living in States w/o state income tax, in years past we have been able to claim State General Sales Tax (or, an approximation from a table) on our Schedule A forms.  I have heard that last filing was the final opportunity to take advantage of this as it was being phased out, but now I am wondering if that is still the truth or if it has/will be extended for another year?  Running thru my "mock" 1040 and was just wondering...

[MDM]

TaxAct's "2015 Preview" version says "legislation is pending."

Pretty sure any congress person from the primarily affected states and up for re-election in 2016 would vote to continue the sales tax option.  Just have to wait and see what the rest do.  One recent article: http://thehill.com/blogs/pundits-blog/economy-budget/261707-ways-and-means-chairs-call-to-action-on-taxes.

[HPstache]

TaxAct's "2015 Preview" version says "legislation is pending."

Pretty sure any congress person from the primarily affected states and up for re-election in 2016 would vote to continue the sales tax option.  Just have to wait and see what the rest do.  One recent article: http://thehill.com/blogs/pundits-blog/economy-budget/261707-ways-and-means-chairs-call-to-action-on-taxes.

Thanks for the info!

[jwright]

Last year the tax extenders was signed mid-December, not much help in planning.

[bobbyj]

Looks like they might try to extend them for two years this time.

http://www.forbes.com/sites/deanzerbe/2015/12/08/tax-extenders-the-deal/

There are articles almost every day on these now

[HPstache]

Sounds like it was extended yesterday... woo hoo!  That's an extra $315 for me on my tax return :D

[TomTX]

Sounds like it was extended yesterday... woo hoo!  That's an extra $315 for me on my tax return :D

It's a good sign, but nothing is certain til the Prez signs off.