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March 9, 2023
Question

Can I deduct city as well as county vehicle property taxes or just county?

  • March 9, 2023
  • 1 reply
  • 0 views
State is North Carolina. TT guidance is not clear.

1 reply

CatinaT1
March 9, 2023

You can deduct city and county vehicle property tax as long as it is based on the vehicle's value. If the fee is value-based and assessed on a yearly basis, the IRS considers it a deductible personal property tax.

 

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