- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
Yes. You can take a deduction on your federal tax return for the personal property tax that you paid in 2016 as long as you qualify to itemize your deductions.
To
itemize your deductions, you would have to have personal expenses such as
medical and dental expenses, mortgage interest, real estate taxes, unreimbursed
job expenses and certain miscellaneous expenses, and charitable contributions
that when combined together, total more than your standard deduction. For
example if you file single, your standard deduction is $6300 so you would have
to have personal expenses that total more than $6300.
To enter personal property tax in Turbo Tax:
- click on "federal tax"
- click on "deductions and credits"
- scroll down to "cars and things you own". Personal property tax is in this section.
‎June 6, 2019
3:53 AM