JohnW15
Intuit Alumni

Deductions & credits

Yes, this is deductible.   

According to the Virginia DMV's page Motor Vehicle Sales and Use Tax, the state's title transfer tax is 4.15%, and is based on either the vehicle's gross sales price or $75, whichever is greater.

Because this fee is based on the value of the vehicle, and not on some other factor, you're able to deduct it when you're itemizing.


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