What is an Excise Tax?
Excise taxes are additional taxes paid on purchases of specific goods or services. They are usually included in the price of the product or services. Examples are extra taxes on Gasoline or Highway Usage.
In addition to yearly fees, some states will impose an Excise Tax on your automobile in addition to the registration fees. The Excise Tax is deductible on your personal tax return on Schedule A.
If your state is not listed above, it means either they only assess fees, and therefore is not deductible or your state doesn’t have a public record to look up your vehicle taxes.
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