DianeW777
Employee Tax Expert

Deductions & credits

Yes.  One idea would be to take the value of each car, then divide it by the total value of all cars to get a percentage.  This percentage can be used on the total tax to arrive at the registration fees for each car.

 

Example: 

Car 1 Value = 10,000

Car 2 Value =   8,000

Car 3 Value =   5,000

Car 4 Value =   5,000

Total Value = 28,000

 

10,000/28,000 = 36% - This is the percentage for Car 1.  Follow this example for each car.

 

Next use the percentage for each separate make/mode to arrive at the amount for each car for your entry.

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