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January 28, 2022
Question

Can I deduct the property tax on the vehicles I own?

  • January 28, 2022
  • 1 reply
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Can I deduct the property taxes I pay on personal vehicles not used for business??

1 reply

ColeenD3
January 28, 2022

If your state allows, then yes.

 

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

 Connecticut The Property Tax you paid to your city or county based on your vehicle's value

 Kansas The Personal Property Tax you paid to your county based on your vehicle's value

 Maine The Excise Taxes you paid to your city or county based on your vehicle's value

 Rhode Island The Excise Tax paid to your city or town based on your vehicle’s value

 Virginia The Personal Property Tax paid to your city or town based on your vehicle’s value

 West Virginia The Personal Property Tax paid to your county based on your vehicle’s value

 

 

For Registration:

 

You can deduct it if it’s a yearly fee based on the value of your vehicle and you itemize your deductions.

You can’t deduct the total amount you paid, only the portion of the fee that’s based on your vehicle’s value.

And, not all states have value-based registration fees. The states that do are listed below along with the deductible portion of your registration fee.