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Itemized Deductions Schedule-A


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Old 03-06-2018, 12:28 PM
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Join Date: Mar 2018
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Question Title Ad Valorem Tax in GA

Hello

I purchased a car in November of 2017 and paid the one time TAVT fee. This replaced the annual Ad Valorem Tax (Birthday Tax) starting in 2013. I know I can't deduct it because it's not an annual tax anymore.

Can I list it in my itemized deductions? Does anyone know if this would be advantageous or have any additional info?

Thanks!



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Old 03-07-2018, 02:06 AM
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Can I list it in my itemized deductions?======> as you can see, aslongas the tax is based on the car's value and is the amount that can be entered on federal SchA of 1040 for an itemized deduction once your return qualifies to itemize deductions on SCh A of 1040 rather than take the standard deduction.I believe that even it it is not an anuual tax any longer(or sicne it replaced the AVT), you may still claim the ad valorem car tax on you r2017 return
Does anyone know if this would be advantageous or have any additional info?======>I thinks basically I tis up to you if you itemize the expense on your Sch A of 1040 on your 2017 return.



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