Can I deduct an excise tax?
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An excise tax is levied on certain specific goods in addition to sales tax. Gas, airline tickets and some health-related goods have an excise tax, and you can deduct an excise tax if the goods or commodities were purchased for business.
Excise taxes are usually included in the price of the good or commodity, so to deduct the tax, you must calculate how much of the price is excise tax and have the records to prove it.
Table of Contents
FAQ
You got this—all you have to do is start!
We make filing taxes delightfully simple with our flat–rate price. Every feature included for everyone.
Start filingMore Tax Guides
FAQ
Coronavirus Pandemic News and Resources
Tax Reform 101
Tax-Related Identity Theft
Filing Your Taxes 101
For Students and New Grads
Taxes for Families
Affordable Care Act
Taxes and Your Job
Taxes for the Self-Employed
Tax Breaks for Homeowners
Health and Life Insurance
Investing and Retirement
Tax Savings Strategies
Tax Terms
IRS Tax Dates
Disaster Relief
State Taxes