No, New York's registration fees are based on the vehicle's weight, which makes them not eligible for the federal personal property tax deduction. To be deductible on Schedule A (Line 5c), the IR...
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No, New York's registration fees are based on the vehicle's weight, which makes them not eligible for the federal personal property tax deduction. To be deductible on Schedule A (Line 5c), the IRS requires a vehicle fee to meet three strict criteria: It must be based solely on the value of the property. It must be charged on a yearly basis. It must be a tax on personal property, not a fee for a service. New York DMV registration fees are calculated by weight class. Since it is not charged based on your vehicle's value, it is considered a "user fee" rather than a "personal property tax." However, if you use your vehicle for business (such as: freelancing, Uber, DoorDash, consulting), you can deduct the registration fees as a business expense. The "value-based" rule doesn't apply in this case; so you can deduct the actual cost proportional to your business mileage.