Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Feb 1, 2020 1:35:53 PM

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?

0 2 1506
1 Best answer
Expert Alumni
Feb 1, 2020 2:11:46 PM

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?

2 Replies
Expert Alumni
Feb 1, 2020 2:11:46 PM

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?

Level 1
Feb 4, 2020 5:02:33 PM

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,