Car Registration Deductions?

[Michelle Hodges]

I understand I can deduct a portion of my car registration as a
personal tax. The California State DMV does not tell me what portion
is taxes when they send my my sticker. Is there a formula I can use?
Or do I need to contact the DMV?

Also, I re-registered a 3-year old car in May, and then bought a new car
in June. Can I deduct the registration fee on both?

I have yet to receive my tax books, so these may be stupid questions.

Thanks for any help.

Michelle

[Dennis M. Maurer]

Michelle Hodges (meho...@aimnet.com) wrote:
: I understand I can deduct a portion of my car registration as a
: personal tax.

You bet you can...

: The California State DMV does not tell me what portion

: is taxes when they send my my sticker.

Yes they do, it's just not clear.

The small form "validated registration card" that you are supposed
to place in the auto's glove box (and present to any officer who
ask for it) has the information.

Look in the lower right corner of that form/card and you'll find
two numbers RXXXX and LXXXX. The R number is the dollars for the
registration and the L number is dollars for license. The license
part is the part that is deductible. (It is considered personal
property tax)

: Is there a formula I can use?

None needed - see above

: Or do I need to contact the DMV?

Please, anything but that <g>

: Also, I re-registered a 3-year old car in May, and then bought a new car

: in June. Can I deduct the registration fee on both?

If you paid for two fees and are responsible for both, you can deduct
both.

Regards,
Dennis M. Maurer
--

[John Andersen]

Hi Michelle,

California DMV fees are deductible for however many cars you own and pay
the annual fee on. Thus paying 2 fees creates a bigger deduction.
The amount of the personal property tax paid in each fee is the entire
amount less $37 per registration. ( this is give or take a $)

Hope this helps

John
-
JOHN ANDERSEN KSU...@prodigy.com

[Anne P. Mitchell Esq.]

In a recent missive dma...@netcom.com (Dennis M. Maurer) tells us:
*Michelle Hodges (meho...@aimnet.com) wrote:
*: I understand I can deduct a portion of my car registration as a
*: personal tax.
*
*You bet you can...

Would this include (a portion of) the $300 surcharge for registering
an out-of-state car??
--
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Creator of fathers' rights newsgroups and the alt.support.* hierarchy
Fathers' Rights & Equality Exchange info: http://www.vix.com/free/
LOOKING FOR: Lorna Taylor, anyone from The Grammar School & Woolman Hill

[Dennis M. Maurer]

Anne P. Mitchell Esq. (shed...@vix.com) wrote:
: In a recent missive dma...@netcom.com (Dennis M. Maurer) tells us:

: *Michelle Hodges (meho...@aimnet.com) wrote:
: *: I understand I can deduct a portion of my car registration as a
: *: personal tax.
: *
: *You bet you can...

: Would this include (a portion of) the $300 surcharge for registering
: an out-of-state car??

I referred to the normal yearly renewal fee for registration of a car
purchased in the state of Ca.

BTW - When I moved to Ca. (15 years ago) there was NO surcharge for
my car. I just had to pay the normal fee(s), this can amount to 2%
of the current value of the car, so $300 is possible for the normal
fee. I have never heard of any surcharge...

[Carl Heinzl]

>Would this include (a portion of) the $300 surcharge for registering
>an out-of-state car??

Nope, sorry. This is CA's way of saying "welcome to CA"...

In order for a personal property tax to be deductible it must be based
on the value of the item (e.g. Mass. excise tax on cars is 2.5% of it's
assessed "value").

-Carl-

[Thomas A. Russ]

In article <...> shed...@vix.com (Anne P. Mitchell Esq.) writes:
> In a recent missive dma...@netcom.com (Dennis M. Maurer) tells us:
> *Michelle Hodges (meho...@aimnet.com) wrote:
> *: I understand I can deduct a portion of my car registration as a
> *: personal tax.
> *
> *You bet you can...
>
> Would this include (a portion of) the $300 surcharge for registering
> an out-of-state car??

No, since the $300 surcharge is a flat rate. Deductible personal
property tax must be based on the value of the property.

--
________________________________________________________________________
Thomas A. Russ, Senior Research Scientist t...@isi.edu
USC/Information Sciences Institute WWW: http://isi.edu
4676 Admiralty Way, Marina del Rey, CA 90292 (310) 822-1511x775

[Jim Davidson]

In article <3gglbv$4...@aimnet1.aimnet.com> meho...@aimnet.com (Michelle Hodges) writes:

> I understand I can deduct a portion of my car registration as a
> personal tax. The California State DMV does not tell me what portion
> is taxes when they send my my sticker. Is there a formula I can use?
> Or do I need to contact the DMV?

They've already told you. It's on the slip they sent you with the
registration renewal notice.

-Jim

[Jon C. Leatherwood]

shed...@vix.com (Anne P. Mitchell Esq.) writes:

> Would this include (a portion of) the $300 surcharge for registering
> an out-of-state car??

Hmm...Florida Supreme Court ruled that unconstitutional in Florida :)
Though I doubt that people will see their refunds for a long time to come.

--
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Jon C. Leatherwood |
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