do i have to pay sales tax for a used car

do i have to pay sales tax for a used carWhy do we have to pay sales tax on a used car? – Quora
The problem most people have (including myself) when it comes to understanding taxes is that you sometimes cannot apply logic to the seemingly logical. In California, for example, if I sold you a used car for $10K, you would pay a sales tax on it (about $1K).

Do I Have to Pay a Sales Tax for Buying a Car? (with pictures)
In general if the state one lives in has sales tax, one will pay sales tax on the purchase of any car, including purchase of used cars from a private party. Sales tax is one of the many things that can significantly increase spending on an auto purchase.

Do I Have To Pay Income Tax If I Sell My Car Privately?
When I told them that I would rather sell it privately, they said "Well, if you do that you will have to pay thousands of dollars in income tax." Most people buy a new or used car and it loses value over time; when you sell While we are on the topic of car sales and taxes my CPA friend did say the following

Do I Pay Taxes When I Sell My Car? | eHow
How to Pay Income Tax on Selling a Used Car. The Internal… Do I Have to Pay Taxes If I Sell Stock? How much automobile sales tax you will pay depends not on the price of the vehicle, where you live and whether the… Will I Pay Taxes If I Sell My Home?

Used Car Taxes and Fees | | Used Car Sales Tax
Also note that, in addition to these fees, you must pay your standard DMV-related fees (such as any title and registration fee) as well as any state-mandated sales tax. If you're trading in your current vehicle for a "new" used car, the dealership might try to charge a trade-in fee to make your trade-in…

Do I pay sales tax when purchasing a car from a private seller?
You will pay the use tax when you register the vehicle at DMV. Most likely, the private seller is not registered with the state to legally collect and remit sales tax. FYI…the sales tax rate and the use tax rate can be different rates, depending on the state.

Paying taxes when buying a used car in a different state.
Dear Customer, The sales and use tax for tangible items is treated differently depending on what class of items are purchased. The tax you would be paying on the auto, according to AZ is actually a use tax.

united states – Sales tax "trick" while buying a used car; i.e. declaring…
After I transfer the vehicle ownership, the buyer will have to transfer the vehicle title to himself, and will also need to pay sales tax on the sale price. When do I need to transfer money to the owner when buying a used car? Used car transaction paperwork and details.

How much Massachusetts sales tax do I have to pay buying…
The amount of sales/use tax assessed on casual sales (non-dealer sales) is based on the higher amount of If a motor vehicle has been titled to the seller by the Registry of Motor Vehicles as a "salvage vehicle," the sales/use tax is computed on the actual amount paid by the purchaser.

Which state's sales tax do I pay if I buy a car out… –
If you buy a vehicle in another state, technically you will not have to pay Wisconsin's 5 percent sales tax. However, you will have to pay a 5 percent use tax when you register your vehicle in Wisconsin, so the net result is the same.

Department of Motor Vehicles – Latah County, Idaho
But, if that sale price seems unrealistic, the county is authorized to use the average retail price shown in the most recent N.A.D.A. Official Used Car Guide to compute the tax you must pay when you register your vehicle. Do I have to pay sales tax on a vehicle that won't be used here?

Paying Sales Tax on a Used Car Bought out… – Budgeting Money
Even if you bought the car in another state several years ago and paid sales tax there, you may have to pay some tax in your new state. Some states won't charge sales tax on a used car bought out of state but will impose "use" or "excise" taxes.

Car Buying Taxes – How to Figure Out the Cost… | HowStuffWorks
Whether you're buying a new car or a used car, or even leasing a car, you'll have to pay state sales tax. Of course, you'll want to find out your state's exact sales tax before you buy a car, but if you're simply looking for a ballpark figure, just use the average.

Getting away with Car sales Tax in NY? – Car Forums and Automotive…
I don't want to pay 8.5% sales tax in for a car in NY. I want to buy a used Impreza 07 for $17G and the tax would be $1445. If I transfer $18G to my mom's account and she buys it for me as a gift, does she end up paying any taxes or do I?

Thousands of Ontarians must pay extra tax on used cars
Asking those buyers to make an additional payment is only fair to everyone else who purchased a used car and paid the sales tax on the full value of the vehicle, said Sousa. "We've got to make certain that everyone pays fairly."

The Right Steps for Completing a Used Car Sale | Taxes
Elsewhere I have advice about inspecting a used car and test driving a used car if you are a buyer and preparing a used car for sale if you are the seller. Buyers: Most states will require you to pay the sales tax associated with a used car purchase at the time of registration.

Tavt (title ad valorem tax)
Where do I apply for my title and pay the TAVT? Vehicles purchased on or after March 1, 2013 and titled in this state will be exempt from sales and use tax and the annual ad valorem tax, also known as the "birthday tax".

Coupons Are Taxable – Why Do We Have To Pay Sales Tax on Them?
It seems everything is taxable — even coupons! I never questioned the small print on the coupons I use, at least not the part about the customer paying sales tax. (I don't understand why…

buying out of state cars – do you pay sales tax? (luxury car, 2011)
I have learned the hard way buying used other misc. items, the buyer can take photo's a diff angle or just state used. any advice on doing it this way? looking at a very low As to the OP, yes, if you buy a car out of state, you will not have to pay sales tax in THAT state, even from a dealer, usually.

Learn About the Auto Sales Tax or Cost of Car Tax
How are sales taxes for cars calculated and are they the same if you buy a new or used vehicle? No matter what state you live in, when you purchase a new or used automobile, you will have to pay auto sales tax.

Should I buy a new car in Washington or Oregon? | Ask MetaFilter
If you paid sales tax and used the vehicle in another state, you may apply that tax against the Washington use tax you owe. See RCW 82.12.035. Back to Top " posted by drstein at 12:31 PM on March 17, 2006.

How much sales tax will i pay when buying used… :: GoFTP Answers
What taxes are applicable on used car sales in ontario? What does a bridal sales in ontario make? Is there sales tax on land sale in ontario? 29% – I'm buying replacement windows for my home. do i have to pay sales tax on them? a contractor is installing them. i live in nys?

Do I Have to Pay Capital Gains Tax on the Sale… – TaxAct Blog
I have used TaxACT for five years and prepaid for 2013 taxes. I did come away with about $40,000 at closing, which I used to buy a car and paid off bills. Will I have to pay capital gains tax on the sale of my home?

Putting down a lower used car price to limit the DMV's extortion | Forum
Think of it this way: If a car is sold enough times, the DMV ends up making more money just on the sales taxes than the value of the car. Doesn't that sound strange to anyone? Maybe if we lived in Huckabeeland and didn't pay income tax, I'd be more willing to be gouged on used car purchases…

Can You Deduct Sales Tax on a Car for Taxes? | Finance – Zacks
Do I Have to Pay Georgia Ad Valorem Tax on a Car From Another State? Does My Trade-in Get Deducted From the Sales Tax on a New Car in Arizona? Paying Sales Tax on a Used Car Bought out of State.

Pay Sales Tax When I Buy My Leased Car? |
Chances are you have already paid at least some sales tax on the car, so it's highly unlikely you need to pay taxes on the original price of the leased car. Please remember that your use of this website is governed by Bankrate's Terms of Use.

Do You Have to Pay Sales Tax on Internet Purchases? – FindLaw
Consumers will buy an item online that is free from sales tax, but are then able to return those purchased items to brick and mortar stores. Consumers May Be Required to Report and Pay Sales or Use Taxes.

Do I Have to Pay Taxes for an Internet Business? |
Do I Have to Pay Taxes for an Internet Business? by Matt McKay, studioD. Always keep up with the sales tax laws in your state, as you will not be told when changes are in effect. How to Conduct a Sales & Use Tax Audit. GAAP Accounting Rules for Sales Tax on Discounts.

How to shop for a used car – for the FAQ's. Feel free to comment…
How to shop for a used car. With a few exceptions – it really doesn't matter what car you buy. Do you have to have a clear title? How can you verify that the car is paid off? Do you have to pay sales tax?

Where do I enter car sales tax? – TurboTax Support
where do i deduct sales tax for a new vehicle in mo. Nothing for 2015 any SALES TAX Paid. Used Easy Guide and Manual search. Everything else is Balance Due or Withholding not already entered.

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