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Deduction for auto registration fee
gskeyes
Mar 8, 2008, 09:42 AM
The state of TN includes a "wheel tax" as part of auto registration fees. Is this portion deductible on federal tax returns?
progunr
Mar 8, 2008, 03:21 PM
Only if the amount assessed is related to the value of the vehicle.
In other words, if everyone pays a $35 wheel tax, regardless of the value of the vehicle then it is not deductible.