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Level 2
March 14, 2021
Question

Enter your car registration fees

  • March 14, 2021
  • 1 reply
  • 0 views

I got to the screen to enter my Automobile taxes paid with my registration fees and Turbotax would not allow entry. I understand it may be related to the amount of tax already represented, but it also said with would collect the information if it would influence my State Taxes. I am also concerned where it got the information that I paid the 10,000 limit.

    1 reply

    macuser_22
    Alumni - Champ
    Alumni - Champ
    March 14, 2021

    The 2018 tax law  caps the total of Sales tax OR State and local income tax, Property (real estate and personal property) taxes at $10,000.

    **Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
    adadto5Author
    Level 2
    March 14, 2021

    Your response is already known, but I use turbotax to generate my North Carolina State Tax, and YOU CAN DEDUCT VEHICLE PROPERTY TAX. Turbo Tax NEEDS the information to correctly generate my North Carolina Taxes. It would be better for them to collect ALL RELEVANT DATA, incase upon review something provided earlier is incorrect or in the case of my State Taxes it needs the data.