income taxes help


If my state has a state law to have veh insurance why can we not deduct the premium on my federal income tax?

My state (Texas) has a law that if I fail to show proof of vehicle insurance I will be cited and can lose my drivers license; so, if my state is telling me I have to have vehicle insurance (state law) why can I not deduct the premiums (or part) from my federal income tax. Yes, I know that it's part of owning a car, (insurance) etc., But, lets say if I own a business or a house I am not required to have insurance (only if I have a mortgage) so if something unfortunate happens to my uninsured house or business I lose out (I know I can claim it in my income tax--the loss) and cry. The police is not going to cite me for not having insurance on my place. Whereas, if I am out driving or involved in an accident I will be getting a citation for not having vehicle insurance as required by state law.Even getting my driver's license suspended for not having insurance/violating a state law. Is there a state law that says I have to have insurance on my house or business? Yes, I do have insurance and I just got my renewal and it is awful/premiums--3 drivers/vehicles & no violations; Yes, I have shopped around and it is not any better (not even w/the lizared).

Public Comments

  1. it's part of owning a car buddy
  2. I agree that we should be allowed to. Ohio has the same law, but no deduction here either. Now... if you use that car for business, there can be a partial or full deduction for your premiums.
  3. Your premise that any payment that is required by any level of government must be deductible is faulty. Congress decides what is deductible, and they have not allowed a deduction for that
  4. Owning a car is a choice. If you choose to own a car,you assume the responsibilities that go along with it.
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