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Is Car Excise Tax Deductible In Ma
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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 Visit a Guide to Motor Vehicle Excise to learn more Also visit Your city or town hall
The excise rate is 25 per 1 000 of your vehicle s value It is charged for a full calendar year and billed by the community where the vehicle is usually garaged If your vehicle is registered in Massachusetts but garaged outside of Massachusetts the Commissioner of Revenue will bill the excise
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Massachusetts Excise Tax Bill Archives MassQuotes
Massachusetts Excise Tax Bill Archives MassQuotes
What amounts can be deducted to the car s value when computing its excise tax When computing sales and excise tax you can deduct the following amounts Any credit received for a
Massachusetts Property and Excise Taxes Here you will find helpful resources to property and various excise taxes administered by the Massachusetts Department of Revenue DOR and or your city town Updated November 4 2022
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Past Due Excise Tax Ma Yuk Colwell
Past Due Excise Tax Ma Yuk Colwell
M G L Chapter 60A imposes an excise on the privilege of registering a motor vehicle or a trailer in the Commonwealth of Massachusetts The excise is levied annually in lieu of a tangible personal property tax Non registered vehicles however remain subject to taxation as personal property Valuation
Massachusetts Department of Revenue 2021 Personal Income and Corporate Excise Tax Law Changes Here you will find descriptions of major Massachusetts Personal Income Chapter 62 and Corporate Excise Chapter 63 tax law changes for tax year 2021 Posted March 17 2022 Tax Year 2021 Filing Season
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https://www.mass.gov/guides/motor-vehicle-excise
The excise rate is 25 per 1 000 of your vehicle s value It is charged for a full calendar year and billed by the community where the vehicle is usually garaged If your vehicle is registered in Massachusetts but garaged outside of Massachusetts the Commissioner of Revenue will bill the excise
https://ttlc.intuit.com/community/state-taxes/...
New Member You won t see a special place to enter the vehicle excise tax deduction on your Massachusetts state return either in the TurboTax software or elsewhere because it simply does not exist The vehicle excise tax deduction is a federal item and is specifically reported to the IRS on Form 1040 Schedule A Line 7 please
The excise rate is 25 per 1 000 of your vehicle s value It is charged for a full calendar year and billed by the community where the vehicle is usually garaged If your vehicle is registered in Massachusetts but garaged outside of Massachusetts the Commissioner of Revenue will bill the excise
New Member You won t see a special place to enter the vehicle excise tax deduction on your Massachusetts state return either in the TurboTax software or elsewhere because it simply does not exist The vehicle excise tax deduction is a federal item and is specifically reported to the IRS on Form 1040 Schedule A Line 7 please
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