What is personal property tax? Do I qualify for a personal property tax deduction?
Personal property tax is an excise tax based on the value of the items that are mobile, such as vehicles and boats. You may qualify for a personal property tax deduction on your state and local taxes if the tax meets all of these requirements:
- In proportion to the value of the property
- Imposed on an annual basis, even if collected more or less than once per year
- Imposed on personal property
If you earn income in Arizona, it’s likely you will have to pay Arizona income tax. And with that, comes completing and filing Arizona tax forms.
Learn more about deducting payments made to your spouse with advice from the tax experts at H&R Block.
Virtual tax preparations let you complete your taxes online from the comfort of your home. Find out how easy remote tax preparations can be at H&R Block.
Find out which states don’t have an income tax from the experts at H&R Block. If you live in a state without income taxes, you aren't required to file a state return.