I paid $1808 state tax on new vehicle and $62 local tax, are these the ad valorem taxes TT says I can deduct? The "total registration fees" are $19, are these ad valorem? TT is not very helpful with this
You'll need to sign in or create an account to connect with an expert.
Yes, these are property tax/ad valorum tax.
Arkansans are required to pay personal property taxes every year. Personal property taxes are applied to items such as vehicles, trailers, motorcyles, etc. and are paid to your county collector.
States where you claim personal property tax in lieu of vehicle registration fees
Although auto registration fees aren’t deductible in the following states, you're allowed to claim the personal property tax you paid annually based on the value of your car. Follow this link to learn more about the Personal Property Tax Deduction.
Arkansas The Ad Valorem Tax paid to your county based on your vehicle’s value.
so, $1870 would be the personal property taxes under "Cars and other things you own"?
also need to ad I had a personal property tax bill "millage" which is a separate tax
Yes you are allowed to deduct $1,870 if the entire amount is tax.
Enter your additional personal property tax in Deductions & Credits > Cars and Other Things You Own > Personal Property Taxes
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
FixTheRoads
New Member
andrewking8701
New Member
ebby1640
New Member
knoxwell
Level 1
Ra3fr12n
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.