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I bought a new car and sold an old car in 2016. I live in VA and paid VA sales tax on new car, but bought new car and sold old car in TN. What do I do?

Forum|Forum|7 years ago
June 1, 2019
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Best answer by hbl3973

The answer is possibly if you are itemizing deductions. The sales tax on the motor vehicle is added to the "normal" sales tax that the IRS allows as a default should you opt to deduct sales taxes instead of income taxes. In addition, VA has "personal property tax relief" for personal vehicles outline in https://www.dmv.virginia.gov/general/#pptr/summary.asp . No portion of the VA DMV state registration qualifies as a federal itemized deduction because those fees are not based on the automobile's value, but on its weight.

hbl3973Answer

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The answer is possibly if you are itemizing deductions. The sales tax on the motor vehicle is added to the "normal" sales tax that the IRS allows as a default should you opt to deduct sales taxes instead of income taxes. In addition, VA has "personal property tax relief" for personal vehicles outline in https://www.dmv.virginia.gov/general/#pptr/summary.asp . No portion of the VA DMV state registration qualifies as a federal itemized deduction because those fees are not based on the automobile's value, but on its weight.