Are excise taxes for a vehicle deductible?
It has to be a personal property tax, not an excise tax, in order to deduct
it. Deductible personal property taxes are only those based on the value of
personal property such as a boat or car. The tax must be charged to you on
a yearly basis, even if it is collected more than once a year or less than
once a year. To be deductible, the tax must be charged to you and must have
been paid during your tax year. Taxes may be claimed only as an itemized deduction
on Form 1040, Schedule A (PDF), Itemized
Deductions.