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Is Maryland car Transfer Tax deductible? MD charges a Transfer Tax to register a car bought in another state if the previous state has a lower sales tax rate than MD.
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Is Maryland car Transfer Tax deductible? MD charges a Transfer Tax to register a car bought in another state if the previous state has a lower sales tax rate than MD.
Unfortunately, your car transfer tax is not deductible as the transfer fee is a one time fee. Only annual tax paid on the value of your car is considered tax deductible.
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