Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
rajeevrr68
New Member

Is new car Title Tax in Virginia tax deductible?

I bought a new car from the dealer in 2018. Is the Title Tax deductible in my Tax returns ? Can I add this amount to car property tax that I claim in itemized deductions?
1 Best answer

Accepted Solutions
JohnW15
Intuit Alumni

Is new car Title Tax in Virginia tax deductible?

Yes, this is deductible.   

According to the Virginia DMV's page Motor Vehicle Sales and Use Tax, the state's title transfer tax is 4.15%, and is based on either the vehicle's gross sales price or $75, whichever is greater.

Because this fee is based on the value of the vehicle, and not on some other factor, you're able to deduct it when you're itemizing.


View solution in original post

1 Reply
JohnW15
Intuit Alumni

Is new car Title Tax in Virginia tax deductible?

Yes, this is deductible.   

According to the Virginia DMV's page Motor Vehicle Sales and Use Tax, the state's title transfer tax is 4.15%, and is based on either the vehicle's gross sales price or $75, whichever is greater.

Because this fee is based on the value of the vehicle, and not on some other factor, you're able to deduct it when you're itemizing.


Dynamic AdsDynamic Ads
Privacy Settings
v