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dennis-p-dougher
New Member

Can i deduct personal property tax on a leased vehicle? Leased co, owns the car but I need the personal prop tax to get license plastes.

I guess the lease company pays the personal property tax.  I assume that is included in my lease payment.  I get a copy of the personal property tax so I can get a license plate.  Can I deduct the personal property tax fro my taxes?

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Accepted Solutions
JohnW15
Intuit Alumni

Can i deduct personal property tax on a leased vehicle? Leased co, owns the car but I need the personal prop tax to get license plastes.

Yes.  You can deduct personal property tax on a leased vehicle when you itemize deductions.

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1 Reply
JohnW15
Intuit Alumni

Can i deduct personal property tax on a leased vehicle? Leased co, owns the car but I need the personal prop tax to get license plastes.

Yes.  You can deduct personal property tax on a leased vehicle when you itemize deductions.

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