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keekee
New Member

Does a car count as a major purchase if you took out a loan?

We bought a car and put several thousand down. We, of course, paid TT&L as a normal part of this transaction. However, the remainder of the amount of the car (approx 20k) was a loan. Is the tax we paid in TT&L what we would put in this area?
1 Reply
fanfare
Level 15

Does a car count as a major purchase if you took out a loan?

Find the "Sales Tax" itemized on your Bill of Sale. It doesn't matter that you took out an auto loan.

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