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mytaxwoes
New Member

Is the Illinois license plate renewal fee tax deductible?

 
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3 Replies

Is the Illinois license plate renewal fee tax deductible?

car registration fees are deductible in some states but only when they are considered a value tax. That is, that the fee is a tax based on the value of the car. This would also be known as a personal property tax. If you pay a registration fee that includes a flat fee for the privilege of registering a car plus a value added tax on the value of the car, then only the value tax portion is deductible.

PattiF
Expert Alumni

Is the Illinois license plate renewal fee tax deductible?

Here is a link that will let you know the states where you can deduct part of the registration fees or claim personal property tax on a vehicle.

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Is the Illinois license plate renewal fee tax deductible?

No your license plate renewal is not deductible in IL.   (I live in IL, too)...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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