bluesguy
New Member

Can I count both the registration fee and a personal property tax in colorado on new car?

Just got a new car in 2017 in Colorado. Can't get a straight answer to, "Can I deduct both the allowable registration fee and personal property tax based on the amount of tax I paid at the time of purchase?". Or, must I claim only one or the other? I understand that to claim the personal property tax deduction it must be assessed annually, and even though I don't get a tax bill every year for the car, I do pay a registration fee (also a tax?) every year based on assessed value of the car. I'm so confused on this issue. Appreciate any help. Thanks!