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Live in Iowa, and bought a car this year. On the registration it lists Title fees of 25 Fee for New Reg of 1292 Registration Fees of 283 What do I enter on State Taxes?

 
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RobertG
Expert Alumni

Live in Iowa, and bought a car this year. On the registration it lists Title fees of 25 Fee for New Reg of 1292 Registration Fees of 283 What do I enter on State Taxes?

You can deduct your car registration fee if it’s a yearly fee based on the value of your vehicle. 

 

In Iowa, the Vehicle Registration Fees are based on the vehicle's value, so they are deductible.  The $25 title fee is nondeductible.

 

For further information please see the TurboTax website: Is my car registration fee deductible?

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2 Replies
RobertG
Expert Alumni

Live in Iowa, and bought a car this year. On the registration it lists Title fees of 25 Fee for New Reg of 1292 Registration Fees of 283 What do I enter on State Taxes?

You can deduct your car registration fee if it’s a yearly fee based on the value of your vehicle. 

 

In Iowa, the Vehicle Registration Fees are based on the vehicle's value, so they are deductible.  The $25 title fee is nondeductible.

 

For further information please see the TurboTax website: Is my car registration fee deductible?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Live in Iowa, and bought a car this year. On the registration it lists Title fees of 25 Fee for New Reg of 1292 Registration Fees of 283 What do I enter on State Taxes?

Thanks, you cleared that up.  It's only the annual fee I can deduct, not the 5% one time registration fee.  Too bad, that would have been a nice deduction.

 

Thanks again,

 

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