topic MA car registration deductions in Deductions & credits

MA car registration deductions

anne-faber22 — Sat, 01 Jun 2019 18:04:03 GMT

There are 4 line items listed on my MA car registration certificate: Registration, Title, SPecial Plates and Sales tax. which of these line items can i deduct?

Other than sales tax, none of these MA registration fees...

linear — Sat, 01 Jun 2019 18:04:04 GMT

Other than sales tax, none of these MA registration fees are eligible for a deduction. Your annual MA auto excise tax could be deducted as a Personal Property Tax. But as noted, new limits due to Tax Reform may make it a non-issue.

This is for a regular passenger car registered in MA. Fro...

Critter — Sat, 01 Jun 2019 18:04:04 GMT

This is for a regular passenger car registered in MA. From the DMV.....

You may be able to take an itemized deduction on Schedule A for any tax related portion of the registration fee. To be deductible, the tax portion must be based on the value of the vehicle and be charged on a yearly basis.

But I would not worry about this too much since the SALT restrictions in this section is capped at $10K .. so if your RE taxes and state taxes already exceed that amount just skip this item.