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IRS Indiana Sales Tax Table

The Indiana sales tax table below should be used if you do not have sales tax records for 2004. While using this table may be easier than recreating the amount you spent on sales taxes in 2004, you may want to take a close look at your spending habits before using this tax table as a default.

If you typically spend more money each year than the average person, the tax table will be less than what you are legally permitted to claim. It may be well worth your time to recreate your spending record for 2004 to get the full sales tax deduction your are entitled to claim (also be sure to keep good records starting today for your 2005 taxes). Recreating your sales tax records is especially worthwhile if you had an extra large expense in 2004. For example, if you redecorated, remodeled or added onto your house, your true sales tax paid is likely to be much higher than the amount listed in the sales tax table. The same can be said if you happen to have expensive prescription drugs you must pay for, had an injury this past year or recently had a baby.

If you purchased a vehicle in 2004, you can deduct the sales tax for that vehicle. The vehicle sales tax can be added to the appropriate amount found in the tax table. The vehicles that qualify for this additional sales tax benefit include cars, motorcycles, motor homes, recreational vehicles, sport utility vehicles, trucks, vans and off-road vehicles. You may also include any state and general sales taxes paid for a leased motor vehicle above the amount listed in the sales tax table.

For other states click here





source: IRS Publication 600

 
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