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New Member
posted Mar 26, 2024 9:39:41 AM

Question about what is personal property taxes.

It says buying personal property other than real estate, such as cars, boats etc. I bought a car last year and paid a considerable amount of taxes. Can I write them off here?  I cannot itemize so this tax is not written off anywhere else.

 

Thanks

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1 Replies
Level 15
Mar 26, 2024 9:43:39 AM

No, you have to itemize to deduct taxes. Personal property tax other than real estate primarily refers to such taxes as car registration based on the value of the vehicle.