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I bought a new vehicle on Dec 18, 2018 and paid for the Ad Valorem tax when purchased. It was registered with the state on Jan 9, 2019. Do I deduct the tax for 2018.
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I bought a new vehicle on Dec 18, 2018 and paid for the Ad Valorem tax when purchased. It was registered with the state on Jan 9, 2019. Do I deduct the tax for 2018.
Yes, you will deduct it in the year you pay, which is 2018.
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I bought a new vehicle on Dec 18, 2018 and paid for the Ad Valorem tax when purchased. It was registered with the state on Jan 9, 2019. Do I deduct the tax for 2018.
Yes, you will deduct it in the year you pay, which is 2018.