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I live in Michigan, purchased a used car from a private party and paid the tax on it at the secretary of state. Will I get a paper ion the mail for this for my taxes?

2007-01-29 06:09:50 · 1 answers · asked by Anonymous in Business & Finance Taxes United States

1 answers

No, you already got a receipt when you paid the tax.

You can either deduct state income taxes OR state sales taxes paid if you itemize your deductions. You may take whichever works out best for you.

There's a sales tax rate table that you must use but you can add the sales tax for major purchases such as a motor vehicle.

If you don't itemize, you don't get any deduction at all for that.

2007-01-29 06:55:52 · answer #1 · answered by Bostonian In MO 7 · 2 0

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