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Which car registration fees are tax deductible in Iowa?

Which car registration fees are tax deductible in Iowa?  I paid $252 Title Fee, $835 New Registration Fee, $109 Registration Fee, $10 SI Fee for a total of$979
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Accepted Solutions
DMarkM1
Expert Alumni

Which car registration fees are tax deductible in Iowa?

The potential itemized deduction for personal property taxes paid on your federal return from your IA vehicle registration fees is the actual annual registration fee ($109) which is based on value of the vehicle and assessed annually. 

 

None of the one-time new registration fee, the title fee or smog/inspection fee meet the deduction criteria. 

 

Page 7 of the instructions for line 5c on the schedule A for itemized deductions (here) state:  "... the state and local personal property taxes you paid, but only if the taxes were based on value alone and were imposed on a yearly basis."  

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2 Replies
DMarkM1
Expert Alumni

Which car registration fees are tax deductible in Iowa?

The potential itemized deduction for personal property taxes paid on your federal return from your IA vehicle registration fees is the actual annual registration fee ($109) which is based on value of the vehicle and assessed annually. 

 

None of the one-time new registration fee, the title fee or smog/inspection fee meet the deduction criteria. 

 

Page 7 of the instructions for line 5c on the schedule A for itemized deductions (here) state:  "... the state and local personal property taxes you paid, but only if the taxes were based on value alone and were imposed on a yearly basis."  

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

Which car registration fees are tax deductible in Iowa?

Thanks so much; I appreciate you!

Brian

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