I live in iowa. bought car 2018. paid over 700 for new registration. it looks like i can claim this because its based on the value of my new vehicle. IS THIS TRUE?

gkroberts3 — Wed, 05 Jun 2019 23:56:53 GMT

Yes. You can deduct car registration fees if they are ass...

CarolynM — Wed, 05 Jun 2019 23:56:54 GMT

Yes.

You can deduct car registration fees if they are assessed annually and based on the value of your vehicle. While you new car may have a higher registration fee this year because it was new, you will stay pay another registration fee next year.

You can also claim the sales tax you paid as a deduction.

For more information on these deductions, follow these links:

Car Registration Deduction

Major Item

topic I live in iowa. bought car 2018. paid over 700 for new registration. it looks like i can claim this because its based on the value of my new vehicle. IS THIS TRUE? in Deductions & credits

I live in iowa. bought car 2018. paid over 700 for new registration. it looks like i can claim this because its based on the value of my new vehicle. IS THIS TRUE?

Yes. You can deduct car registration fees if they are ass...