Thursday, January 12, 2012

Is the "Highway Use Tax" on a N.C. license plate receipt deductible?

North Carolina DMV license plate receipt "highway use tax" deductible on federal individual income tax return? (as a tax, not a business expense)Is the "Highway Use Tax" on a N.C. license plate receipt deductible?
Unless the tax is based on the value of the vehicle, the tax is not deductible.



Mr. Penguin is wrong.

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