Need more explaining about vehicle registration fee, is include every year to do that in tax prepared or just every time renewal such as once or every two years? As the Missouri, we get personal property tax every year and vehicle renewal is depend what people select year or two years license renewal. Also where the "vehicle registration fee" that we see or where find it in paperwork from the license office?
For 2018 (the standard deduction was doubled) and later, "vehicle registration" is unlikely to provide any tax break. It is only an itemized deduction. Only the personal property tax portion of the vehicle registration is deductible. Most states do not have that.
that not explaining at all. I look at per.prop. record that I normally get every year and did not see the "vehicle registration fee" on it.
See this TurboTax support FAQ for information on vehicle registration fees - https://ttlc.intuit.com/community/credits-and-deductions/help/is-my-car-registration-fee-deductible/...
I was able to input our Vehicle Registration Fee of $577 under 2019 Federal Taxes, Deduction Credits,
Car and Other Things, Car Registration Fees. But on the Review the Car registration Fee it showing $0.
Why? Turbo Tax suggested we are taking The standard deductions.
Franco de Castro
Vehicle registration fees are part of itemized deductions. You would only itemize if your total deductions are more than the standard deduction for your filing status. In 2019 the standard deduction amounts are as follows:
Single = $12,200
Married Filing Jointly = $24,400
Married Filing Separately = $12,200
Head of Household = $18,350
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