Monday Map: State Income and Sales Tax Deductions May 7, 2012 Nick Kasprak Nick Kasprak Today’s Monday Map shows which states benefit from the federal income tax deduction for state taxes. Taxpayers can elect to deduct either state income or sales taxes, but not both; in most states, the income tax deduction is worth more. New Yorkers deducted state taxes worth 6.16% of their income, to take the top spot. Alaska, where state income and sales tax deductions amounted to only 0.26% of the state’s income, comes in last. (Alaska has no income tax, no state sales tax, and small local sales taxes.) Click on the map to enlarge it. View previous Monday maps here. Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Data Individual Income and Payroll Taxes Individual Tax Expenditures, Credits, and Deductions Sales Taxes
