Daniel lives in a state that charges a vehicle registration fee of $50 plus $20 for every $1,000 of value. During 2014, Daniel paid $170 for registration of his automobile.
a.How much of the vehicle registration fee is deductible as a personal property tax on Schedule A of Daniel's Form 1040?
b.Explain your answer.

Question

Daniel lives in a state that charges a vehicle registration fee of $50 plus $20 for every $1,000 of value. During 2014, Daniel paid $170 for registration of his automobile.
a.​How much of the vehicle registration fee is deductible as a personal property tax on Schedule A of Daniel's Form 1040?
b.Explain your answer.

Quizplus · Accepted Answer

The Answer of Daniel lives in a state that charges a vehicle registration fee of $50 plus $20 for every $1,000 of value. During 2014, Daniel paid $170 for registration of his automobile.
a.​How much of the vehicle registration fee is deductible as a personal property tax on Schedule A of Daniel's Form 1040?
b.Explain your answer.

Daniel Lives in a State That Charges a Vehicle Registration