Vehicle property taxes/sc (Greenville: vehicle registration, calculated, deductible)

[Chowgirl]

Could someone tell me how this is calculated? I've tried, but not getting the right answer! Example on a $15,000 car value. Thank you

[UpstateJohn]

Originally Posted by Chowgirl

Could someone tell me how this is calculated? I've tried, but not getting the right answer! Example on a $15,000 car value. Thank you

It varies per county.

[flyway]

I have the same question. So what would the car property tax be on a car valued 15K in Horry county? Can anyone out there answer this question?????

[Chowgirl]

Originally Posted by Chowgirl

Could someone tell me how this is calculated? I've tried, but not getting the right answer! Example on a $15,000 car value. Thank you

Originally Posted by UpstateJohn

It varies per county.

Horry County??

[NJReenie]

I’m looking at my vehicle tax bill I just paid for a 2019 Honda Cr-v. The assessed value according to the bill is 1230.How they arrived at that is beyond me, but tax bill, including discounted registration fee, is $311.62 for the year. Try www.horry county.org, may be a better explanation there.

[madmaxnj]

In NJ we pay a yearly vehicle registration fee. It's basically a yearly tax. Is this the same kind of thing, or is this in addition to a yearly registration fee? The cost is surprisingly a lot more down there. I think here it's based on vehicle type. SUV is more than a compact, but still <$100 year for a non-commercial vehicle.

[myrc60]

Originally Posted by madmaxnj

In NJ we pay a yearly vehicle registration fee. It's basically a yearly tax. Is this the same kind of thing, or is this in addition to a yearly registration fee? The cost is surprisingly a lot more down there. I think here it's based on vehicle type. SUV is more than a compact, but still <$100 year for a non-commercial vehicle.

No it is not the same. It is a property tax that is paid yearly on the value of the vehicle. As the vehicle ages, the tax paid goes down. However, our registration fees are billed along with this tax as well as a road fee. I live in Greenville County. What I would pay in Horry is probably different.

[Joe Pockets]

Is the personal property tax on vehicles deductible on yearly state & federal income tax ?

[CTyankee54]

Definitely on federal if you itemize (which most folks don't since they significantly increased the standard deduction). Not sure on state which has a limited number of deductions.