8 Tax Tips You Should Definitely Take Advantage of This Year

7. Discover if you’re eligible for a sales tax deduction

If you itemize your deductions, you can claim a deduction for up to $10,000 in state and local taxes paid. For many people, it makes sense to claim a deduction for state income taxes. But you’re also eligible to deduct for sales taxes paid instead of income tax paid to your state.

If your state doesn’t collect income taxes or if you didn’t have much taxable income, claiming the sales tax deduction could maximize your savings. The states with no income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.