Pay Sales Tax On Auto Rebate

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Pay Sales Tax On Auto Rebate

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Depending on the car manufacturer the specific vehicle the season and other factors common car rebates are as little as 500 or as much as 5 000 Often a specific

Both Mike and Ernie will pay the sales tax due at the New York State Department of Motor Vehicles when they register their vehicles Note A Tax Bulletin is

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Lakeland Ford 2022 Explorer Starting At 36 499 Or 399 mo Lease

Lakeland Ford 2022 Explorer Starting At 36 499 Or 399 mo Lease

Sales tax always has to be based on the actual sales price With a rebate that s price less the rebate What s the next step you go ahead and charge tax on the

So what this means is if you purchase a car for 40 000 and there is a 3 000 cash back rebate you will be taxed on the full 40 000 before the rebate is subtracted In a state

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Loyalty Rebates CSE FCU

Loyalty Rebates CSE FCU

In addition you receive an additional 1000 in cash incentives and manufacturer rebates reducing the total price of the car to 19 000 Even though you only paid 19 000 for the

Vehicle Sales Tax Deduction While there is a general sales tax deduction you could use if you itemize deductions there s also a deduction for your state and local

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Both Mike and Ernie will pay the sales tax due at the New York State Department of Motor Vehicles when they register their vehicles Note A Tax Bulletin is

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There are two scenarios here and you must research your own state rules on this Some states treat rebates as simply a sales discount and do not charge sales

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Both Mike and Ernie will pay the sales tax due at the New York State Department of Motor Vehicles when they register their vehicles Note A Tax Bulletin is

There are two scenarios here and you must research your own state rules on this Some states treat rebates as simply a sales discount and do not charge sales

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