Can I deduct personal property taxes paid on a car I am financing?

kris_10_leigh · ‎June 6, 2019

KittyM · ‎June 6, 2019

Yes, if they are based on the car's value - not its age, size, or some other factor. You must itemize your deductions to claim it. To enter your deduction in TurboTax, take the following steps:

In your open Federal return, choose Deductions & Credits
Scroll down to Cars and Other Things You Own and Show more
Start or revisit Personal Property Taxes and say Yes

View solution in original post

KittyM · ‎June 6, 2019

Yes, if they are based on the car's value - not its age, size, or some other factor. You must itemize your deductions to claim it. To enter your deduction in TurboTax, take the following steps:

In your open Federal return, choose Deductions & Credits
Scroll down to Cars and Other Things You Own and Show more
Start or revisit Personal Property Taxes and say Yes

Expert does your taxes

Do it yourself

Resources

Support

Can I deduct personal property taxes paid on a car I am financing?

Can I deduct personal property taxes paid on a car I am financing?

Can I deduct personal property taxes paid on a car I am financing?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Can I deduct personal property taxes paid on a car I am financing?

Do you have an Intuit account?

Can I deduct personal property taxes paid on a car I am financing?

Can I deduct personal property taxes paid on a car I am financing?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert