Can I deduct Local Taxes on Car lease?
It's initially paid by the bank that owns my lease then I'm responsible for paying the bank back.
Can I deduct this tax?
Yes, you can deduct the local property tax you paid for the leased vehicle under itemized deduction as long as the tax amount is based on the car's value. Please see Schedule A: State and Local Personal Property Taxes for more details. TurboTax will guide you through the deduction and please see the article below for your reference.
How to enter personal property tax in TurboTax
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