A: Yes, vehicle excise tax is a proper itemized tax deduction. A: The MA Excise tax on autos is in the nature of a personal property tax, such as other states impose on their citizens. It is, therefore, deductible, provided you itemize your deductions.
Can you deduct car sales tax in Massachusetts?
Yes, you can include sales tax paid on a vehicle in 2018 for a Schedule A sales tax deduction. But, keep in mind that you can only claim one or the other – state and local income taxes paid or state and local sales taxes paid.
Do you have to pay excise tax on a vehicle in Massachusetts?
If you own a registered motor vehicle or trailer, you have to pay a tax, called a motor vehicle and trailer excise, each year. When you get your motor vehicle excise bill, you will also get instructions on how to pay it. Every motor vehicle and trailer registered in Massachusetts is subject to the motor vehicle excise unless exempted.
How do I pay the excise tax on my car?
You have three options to pay your motor vehicle excise tax: Get your bill in the mail. Residents who own motor vehicles have to pay taxes based on the value of their vehicles each year. You pay an excise instead of a personal property tax. If your vehicle isn’t registered, you’ll have to pay personal property taxes on it.
Can You claim vehicle registration fee in Massachusetts?
In many states, residents can’t claim their vehicle registration fees, so if you’ve moved from another state, this may be a bit confusing. But the difference is that Massachusetts is one of many states that assesses a fee based on the value of the vehicle, which makes it deductible as personal property tax.
What makes a vehicle a motor vehicle in Massachusetts?
Every motor vehicle and trailer registered in Massachusetts is subject to the motor vehicle excise unless exempted. “Motor vehicles” are defined as “all vehicles constructed and designed for propulsion by power other than muscular power including such vehicles when pulled or towed by another motor vehicle,” excluding:
