Solved
Is new car Title Tax in Virginia tax deductible?
I bought a new car from the dealer in 2018. Is the Title Tax deductible in my Tax returns ? Can I add this amount to car property tax that I claim in itemized deductions?
Yes, this is deductible.
According to the
Virginia DMV's page Motor
Vehicle Sales and Use Tax, the state's title transfer tax is 4.15%, and
is based on either the vehicle's gross sales price or $75, whichever is greater.
Because this fee is based on the value of the vehicle, and not on some other factor, you're able to deduct it when you're itemizing.
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