- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You would enter this:
- Log into Turbo Tax
- Go to federal>deductions and Credits
- Cars and Other Things You Own>Car Registration Fees
As xmasbaby0 mentions above, if you enter this expense, Turbo Tax will prompt you to pay for an upgrade. Unless you have other Itemized Expenses that exceed your Standard Deduction, it would be to your best interest not to report this if you wish to remain in a Free version of Turbo Tax.
For tax year 2023, the Standard Deduction Rates are;
- Single - $13,850 add $1,850 if age 65 or older
- Married Filing Separately - $13,850 add $1,850 if age 65 or older
- Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
- Head of Household - $20,800 add $1,850 if age 65 or older
- For Blind, add $1850 except for Married Filing Jointly then it is $1500 per person
Itemized Deductions that might exceed your Standard Deduction Rate include Large medical Expenses that are in excess of 7.5% of your adjusted Gross income for the Year, Large Charitable Contributions that require documentation, Mortgage payments or insurance or other expenses that are listed in this link.
If all you have is Car Registration Fees, don't report it because it will not impact your tax return and you may end up paying for a service you don't need.
**Mark the post that answers your question by clicking on "Mark as Best Answer"