Skip to main content
February 22, 2020
Question

Can I file a car registration cost if my parents own my car?

  • February 22, 2020
  • 1 reply
  • 0 views
No text available

1 reply

February 22, 2020

for what purpose?   

tesshandyAuthor
February 22, 2020

To lower my taxes owed?

macuser_22
Employee
February 22, 2020

No.  If you are not the car owner then you are not legally liable to pay the registration.

 

Car registration is not deductible, only the *part* of registration that is a property tax based on the value of the vehicle is deductible and not all states have such a tax.

 

That would be an itemized deduction that would do no good unless ALL you itemized deductions were MORE than your standard deduction.   If you are filing single then unless you have deductions MORE than $12,200 there is no benefit.

 


2019 standard deductions

$12,200 Single
$18,350 Head of Household
$24,400 Married Jointly

Add an additional $1,300 for over age 65 or blind
This amount increases to $1,650 if the taxpayer is also unmarried.

 

 

 

 

**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.**