Money Matters

[MTK]

Does anyone really save all their receipts? What receipts should you be saving? Just stuff that's deductible I'm assuming, right?

I'm referring to this article by the way

Free Money Finance: 7 Easy Steps to a Faster Tax Refund

[saden1]

Originally Posted by Mattyk72

Does anyone really save all their receipts? What receipts should you be saving? Just stuff that's deductible I'm assuming, right?

I'm referring to this article by the way

Free Money Finance: 7 Easy Steps to a Faster Tax Refund

I don't think you should be saving every lunch and grocery receipt. These are the items you can claim as part of your sales tax deduction. I don't think you can claim the tax paid on that big screen TV but you should check on that with a CPA. Checkout the IRS' tool to help you calculate your sales tax deduction.