topic Is car registration deductible? in Deductions & credits

Is car registration deductible?

soniacalles15 — Thu, 31 Dec 2020 20:09:24 GMT

Re: Is car registration deductible?

DoninGA — Thu, 31 Dec 2020 20:19:38 GMT

It depends on your state and if they use the value of the vehicle as part of the registration.

To enter Car registration fees -

Click on Federal Taxes (Personal using Home & Business)
Click on Deductions and Credits
Click on I'll choose what I work on
Scroll down to Cars and Other Things You Own
On Car Registration Fees, click on the start or update button

Or enter car tags in the Search box located in the upper right of the program screen. Click on Jump to car tags

Re: Is car registration deductible?

Critter-3 — Thu, 31 Dec 2020 20:19:54 GMT

Car registration NO but if there is a portion based on the value of the item then that Personal Property tax part could be deductible IF you itemize deductions.

As long as the personal property tax is based on the value of the vehicle, then it would be deductible on your return.

Currently only the following states charge a fee based on the vehicle value:

Alabama

Arizona

Arkansas

California

Colorado

Iowa

Indiana

Kentucky

Louisiana

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

North Carolina

South Carolina

Washington

Wyoming

Re: Is car registration deductible?

Mike9241 — Thu, 31 Dec 2020 20:44:29 GMT

do you have a schedule c where you deduct part or all of your auto expenses? if so those fees would go there.