Getting a refund, or owing on taxes?

[shmike]

Originally Posted by goof2

7% for most (maybe all) of the state. If someone wants to go through the trouble of keeping track they can deduct what they paid in sales tax from their income for federal tax purposes in states where there is no income tax also. Property taxes are relatively high though.

FL state sales tax is 6%.

Counties may impose a surtax of up to 1.5%.

I haven't gotten a refund since '05. This year doesn't look to be any different.

Hopefully in 2010 we can offset some of our Federal liability with rental depreciation.