turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Are personal property taxes paid to my county government deductible on my federal or state taxes?

I paid personal property taxes on my vehicle to my local county government. Are these taxes deductible on my federal or virginia taxes?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Are personal property taxes paid to my county government deductible on my federal or state taxes?

ifdf the taxes are based on value, then yes. if a flat fee then no. 

Are personal property taxes paid to my county government deductible on my federal or state taxes?

I believe VA only charges personal property taxes on motor vehicles.  They are deductible, but they fall under the $10,000 cap for all "state and local taxes", so if your income tax and real property tax is already more than $10,000, you won't get a benefit from adding more taxes.

 

In my county, there is a flat fee of (I think) $20 per vehicle, plus a charge based on the value of the vehicle.  Only the portion based on value is deductible, not the flat fee portion. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies