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Get your taxes done using TurboTax
The deductible portion of the plates is the amount that exceeds the fair market value of the benefit received (plates). This is deductible if you itemize your deductions. You can only deduct the contributions that you made in 2017 on your 2017 return. But you can amend the previous 3 years to include the deductions on those tax year returns.
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‎April 15, 2018
10:38 AM