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Can I reduce sales tax from a new car purchase if I don't trade in a car, but sell it later myself?
I was reading this is possible but I don't know what form to file. Essentially, this is doing what a car dealer would do when you trade in so you only owe sales tax on the total delta of the trade in vs. new car price. ex: buy car for 50K, sell 'replaced car' for 20k privately, only pay sales tax on 30k.
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‎October 14, 2022
1:00 PM