Question

Moved to Montana and changed the title and registered my truck here. Entering my registration fees, it states I can only deduct the LVREG and COOP. What is COOP?

Forum|Forum|7 years ago
June 3, 2019
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TurboTax Deluxe Online

SteamTrain

Employee

using Google, with Montana and vehicle registration and COOP

...I found a reference to it on page 4 of:

https://revenue.mt.gov/Portals/9/businesses/fees/CGR_Guide.pdf

it appears to be a County Option Tax, code 14.

Also on page 17 of the following...though they indicate "COOPT" instead:

http://montana-motor-vehicles.s3.amazonaws.com/montana_decoding_a_motor_vehicle_title,_registration_...

______________________________

Added later based on discussion below: The LVREG fee cannot be used as a Federal deduction in it's "Car Registration Fees" area on the TTX Deductions&Credits page...only the COOP is allowed to be entered there.

During the Montana interview, there is a specific page where you will be able to add in the LVREG fee as a Montana deduction.......but this is specific to Montana.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

SteamTrain

Employee

@Always Seeking Knowledge

Do you know when this became effective....i.e. was it valid for 2016, but not now for 2017?

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

A

Always-Seeking-Knowledge

[mention://49297949 [mention://49297949 [mention://49297949 @emmyreece]]]
Just a clarification here — actually the TurboTax instruction for Montana on the Federal interview is incorrect. LVREG is NOT deductible on federal tax because it is now based on model year (vehicle age) and not value. Deduct COOPT on federal. The Montana interview will ask for additional vehicle fees not allowable on federal, but deductible in Montana. Enter LVREG there. COOPT will have been carried forward from the Federal form. The Montana instruction book is very clear that LVREG is a one item local exception from the federal rules. I've been trying to contact TuboTax to ask them to fix this.