Can I reduce sales tax from a new car purchase if I don't trade in a car, but sell it later myself?

[brent_cochran]

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.

[xmasbaby0]

We are answering questions about income tax or about how to use the TurboTax software to prepare income tax returns.   Your question is not an income tax question.   You are asking about sales tax which is a question you need to ask in your own state.

[brent_cochran]

Thanks for clarifying.  Any idea who I might reach out to with that question?  As a long time TT user, I don't have 'a tax guy' I can ping!  🙂

[xmasbaby0]

https://ttlc.intuit.com/community/state-taxes/help/how-do-i-contact-my-state-department-of-revenue/0...

[fanfare]

If you did no trade-in, you paid the full sales tax and you can deduct it when you itemize by adding to the default sales tax calculation.

Why would you want to reduce that ??

@brent_cochran