I had car registration fees due in Dec 2010 that I paid in early Jan 2011 with penalties. Can I deduct the fees without the penalty on my 2011 return? I didn't deduct this on my 2010 return since I didn't pay it in 2010. Assuming that the car registration fees (or some part of them) are considered personal property taxes in your state, they are deductible in the year paid. In most states, car registration fees are not deductible.Ira
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra