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Beginning January 1, 2024, taxpayers are eligible to claim a Motor Vehicle Property Tax Adjustment Credit. This is a personal income tax credit for Individuals, Partnerships, S-Corporations, LLCs, and C-Corporations for all property taxes paid timely on certain eligible classes of vehicles.
To revisit that section,
Beginning January 1, 2024, taxpayers are eligible to claim a Motor Vehicle Property Tax Adjustment Credit. This is a personal income tax credit for Individuals, Partnerships, S-Corporations, LLCs, and C-Corporations for all property taxes paid timely on certain eligible classes of vehicles.
To revisit that section,
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