are car registration fees tax deductible in delaware?
532834
We live in Delaware. There is 4.25% on purchase price of a car. Is this the personal property tax portion of the registration fee? ... "If you use the actual expense method instead of the standard mileage method for deducting your vehicle expenses, you may deduct the business portion of your registration and license fees.
681351
A portion of Indiana's vehicle registration fees are tax deductible; but this amount is actually called an "excise" tax, and not a "property" tax. ... The IRS only allows that portion of a state registration fee that is based on the value of the vehicle to be included toward your other itemized deductions.
875601
['Proof of Delaware car insurance.', 'Proof of passing a vehicle inspection, if applicable. ... ', 'Odometer reading.', "Delaware driver's license.", 'Current vehicle registration certificate.', 'Payment for your registration renewal fee (see “Delaware Vehicle Registration Renewal Fees" below).']
124887
Vehicle registration is tax deductible in Utah--does that include the safety & (rdiddy801) - CougarBoard.com. emissions fee? Your accountant graduated a long time ago. It is not deductible.
243656
There is no sales tax in Delaware. ... Additionally, there is no state corporate income tax on goods and services provided by Delaware corporations operating outside of Delaware. The state does not have a corporate tax on interest or other investment income that a Delaware holding company earns.
212006
Though Delaware doesn't have sales tax, there is a 4.25% “Document Fee” on cars when you register them for the first time.
1112130
The total amount of your registration fee is not deductible, just the portion that the state charged you for taxes based on the value of your vehicle. According to the link below, you would use the amount listed for the Vehicle License Tax.
1276713
You CANNOT deduct: Federal and state excise taxes. Fees for drivers licenses, dog licenses, hunting or fishing licenses.
804101
How much does it cost to renew a license in Delaware? The fee for a standard Delaware driver's license renewal is $40.00. Make sure you get there on time though, because you will be charged a $10.00 late fee if you are renewing after the expiration date.
105324
The IRS only allows that portion of a state registration fee that is based on the value of the vehicle to be included toward your other itemized deductions. Any flat fee portion doesn't count. ... Thus, you should not attempt to take a tax deduction for an Oregon vehicle registration.
10079
Federal law limits your state and local tax (SALT) deduction to $10,000 if single or married filing jointly, and $5,000 if married filing separately. ... California does allow deductions for your real estate tax and vehicle license fees.
958807
For qualifying automobiles and multipurpose vehicles (model year 2006 or older) the deductible amount is 60% of the annual registration fees paid in 2017. Line 7: Enter other taxes as allowed on federal Schedule A. Other taxes you paid are taxes not included on lines 5 or 6. List the tax paid and the total amount.
123351
One can only deduct the tax related portion of a car registration fee based on the value of the car. Unfortunately, PA does not have a personal property tax on autos so you will not be able to take a deduction for your car registration.
1280273
The tag is available at any DMV office for a fee of $20.00. You must provide valid proof of Delaware liability insurance, bill of sale or vehicle title, vehicle identification number, and vehicle make and year. Please refer to Registration Fee Chart for more information.
20599
The portion of the registration fee that is charged based on the vehicle's value - as opposed to its size, age or other characteristics - can generally be claimed as a deduction. If part of your registration is indeed deductible, you must itemize your deductions to claim it, rather than using the standard deduction.
195394
In Virginia: Personal property taxes are deductible because they are ad valorem taxes (based on value). Vehicle registration fees are not deductible because they are determined by the weight of the vehicle.
516641
In Colorado, vehicle registration fees and taxes support improvement and maintenance expenses for roads and transportation infrastructure throughout the state. Colorado vehicle registration costs include sales tax, ownership tax and license fees. ... Ownership and sales taxes are not deductible on Colorado tax returns.