Go Back   iRV2 Forums > MOTORHOME FORUMS > MH-General Discussions & Problems
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 02-16-2012, 06:19 PM   #15
Senior Member
 
Tha_Rooster's Avatar
 
Join Date: Aug 2008
Location: Georgia
Posts: 4,517
I'm from georgia also under IRS publication 936 interest is deductible along with sales tax and advalorem tax. Not fees. I have been ask to prove my 08 and 09 deduction so I did.
__________________

__________________
2007 Fleetwood Revolution LE 40V
Tha_Rooster is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 02-16-2012, 08:00 PM   #16
Senior Member
 
Join Date: Apr 2005
Posts: 186
Quote:
Originally Posted by Mike Canter View Post
According to the tax software I have used forever it specifically states that tag fees are deductible. Like you said even if it wasn't you probably wouldn't get audited for it
Don't know what TAX SOFTWARE that you are using. But as DOCJ said

The following is from IRS publication 17- Your Federal Income Tax:

For example, a yearly tax based on value qualifies as a personal property tax even if it is called a registration fee and is for the privilege of registering motor vehicles or using them on the highways.


You Said
I also live in the State Of Georgia and I deduct the sales tax, ad valorem tax, tag fees and interest.

It would appear that since GA has a separate AD Valorem tax, the tag fee (likely) is not based on value - and therefore is not deductible, (legally).

PHESPE
__________________

__________________
PHESPE is offline   Reply With Quote
Old 02-19-2012, 09:36 PM   #17
Senior Member
 
62_inrightlane's Avatar
 
Forest River Owners Club
Freightliner Owners Club
Join Date: Apr 2011
Location: Florida / Georgia / Michigan
Posts: 481
Quote:
Originally Posted by PHESPE View Post
Don't know what TAX SOFTWARE that you are using. But as DOCJ said

The following is from IRS publication 17- Your Federal Income Tax:

For example, a yearly tax based on value qualifies as a personal property tax even if it is called a registration fee and is for the privilege of registering motor vehicles or using them on the highways.

You Said
I also live in the State Of Georgia and I deduct the sales tax, ad valorem tax, tag fees and interest.

It would appear that since GA has a separate AD Valorem tax, the tag fee (likely) is not based on value - and therefore is not deductible, (legally).



PHESPE
PHESPE, you are correct. Tag and Ad Valorem are separate and the tag fee is not deductible just the Ad Valorem tax. Really doesn't make much difference anyway since the tag fee is under $50 and the Ad Valorem is about 1% of Georgia's estimate of the value of your coach. So about $1,000 for every $100,000 in value. Ouch!!!
__________________
Marc & Jan
Molly, Abby & Katie | The Cocker K-9 Kids!|Toad 2014 Cadillac SRX
2012 Berkshire 360FWS, Brake Buddy Vantage|Wineguard Travler SK-3005 |TST 507 TPMS
62_inrightlane is offline   Reply With Quote
Old 02-20-2012, 09:34 AM   #18
edj
Senior Member
 
edj's Avatar
 
Join Date: Jul 2010
Posts: 416
Quote:
Originally Posted by mdy1950 View Post
PHESPE, you are correct. Tag and Ad Valorem are separate and the tag fee is not deductible just the Ad Valorem tax. Really doesn't make much difference anyway since the tag fee is under $50 and the Ad Valorem is about 1% of Georgia's estimate of the value of your coach. So about $1,000 for every $100,000 in value. Ouch!!!
Now I understand why so many of the RVers that live in GA and winter in FL, have their RV's registered in FL....
__________________

__________________
Ed J - Summer->Vestal, NY Winter->Melbourne, FL
1999 Dodge 2500 diesel, 6-spd manual
2007 HitchHiker Discover America 329RSB
edj is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
States without excise/property tax on vehicles Fla2RI iRV2.com General Discussion 51 03-19-2013 11:43 AM
LLC for tax benefits cfyanes Full-Timers 16 05-14-2012 08:09 AM
Fl Realestate and refi tax? TDroma Just Conversation 8 02-05-2012 07:37 PM
State says it's after owners of RVs who've dodged sales tax Paul "Sully" Sullivan Alpine Coach Owner's Forum 63 11-30-2011 01:14 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 01:19 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.