- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hi Staceys411,
Glad you were able to recoup your money. Since you paid for the car with after tax dollars (in other words, you have already paid taxes on that money when you earned it), these funds are not liable for taxation on your return this year.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎October 25, 2023
12:56 PM