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Client moved to SC in 2005 and paid a vehicle tax to Horry County. The vehicle tax receipt showed that the taxes consisted of city, county and school taxes. Are these taxes dedutible on the federal schedule A?
Client moved to SC in 2005 and paid a vehicle tax to Horry County. The vehicle tax receipt showed that the taxes consisted of city, county and school taxes. Are these taxes dedutible on the federal schedule A?
The taxes are deductible only to the extent that they are based on the value of the vehicle.
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