Car licensing deduction

Forum|Forum|6 years ago
February 5, 2020
1 reply
0 views

I entered my car licensing fees for 2019 but that total is not appearing in the total deductions. Why is this?

CatinaT1

Level 15

The property tax you pay on your vehicle is an itemized deduction. You will not see this number unless you itemize.

When you enter all your information into TurboTax, it will calculate the best deduction for you to use - either the standard deduction or itemized deduction.

You may benefit from itemizing your deductions on Schedule A if you:

Do not qualify for the standard deduction, or the amount you can claim is limited,
Had large out of pocket medical and dental expenses during the year,
Paid interest and taxes on your home,
Made large contributions to qualified charities, or
Have total itemized deductions that are more than the standard deduction to which you otherwise are entitled.

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

as63Author

Level 2

I entered my vehicle licensing taxes totaling just over $1,000. This amount, in addition to my other itemized deductions, totals more than the $24,400 standard deduction for married filing jointly. The vehicle licensing amount appears on the 2019 deductions and credits section, but disappears on the 2018 and 2019 Deductions and Credits window. Why is this?

as63Author

Level 2

The total deduction for State and local taxes, property tax, and personal property tax is limited to $10,000.

See Schedule A line 5e

@as63

As I said in my previous message, my state sales tax deduction is $933, my property tax deduction is $7,912, and my FEDERAL tax withheld from pay is $15,164. You are telling me that the TOTAL deduction for state and local taxes is $10,000. My total state and local tax deduction without taking into account the vehicle licensing taxes of $1,038, is $8,845. This amount is obviously less than $10,000 limit on state and local tax deductions so the question is WHY IS TURBOTAX NOT ALLOWING ME TO DEDUCT THE $1,038 IN VEHICLE REGISTRATION FEES?