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Do disabled veterans pay auto sales taxes?
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The auto insurance settlement wouldn't be taxable unless you realize a gain from it. Being on Social Security Disability doesn't exempt you from paying any taxes that may be d…ue as a result.
If your disability payments are through the VA then they are tax free and are not considered taxable income.
No Veterans service connected disability pay is not reported on your income tax return. You do receive a 1099 information form from the VA for the amount of your disability pa…y that youu receive during the year.
It is 3%.
Answer Presuming you mean your buying the car by assuming the loan of another: The purchase is taxable. It doesn't matter if you pay cash or finance it by get…ting a new loan, or assuming an existing one. It should be based on the current payoff amount of the loan, which is really what you are paying. If it is within a family, there may be an exemption.
Sales Tax in Ma. 6.25%
Legally, you can't. EDIT: You can't if you are supposed to. You can either not buy the item or purchase it from a state that doesn't impose a sales tax, but keep in mind man…y states also have a "use tax" which is a reciprocal of sales tax - (don't laugh...) you're supposed to voluntarily submit the sales tax that SHOULD have been collected if the vendor did not charge you for it. Pennsylvania is one state that has Sales and Use tax laws. Certain states permit exemptions from paying sales taxes... for example many states exclude equipment, materials, etc used in farming operations from being taxable. In those cases you would fill out a form from the state and give it to the vendor to inform them that you are exempt and also to give them the necessary information to defend their position of not collecting the tax in the event they get audited. States enforce sales taxes by periodically auditing the licensed collectors. If it is determined that the collector has not been collecting the tax as required, the collector can be forced to pay the taxes that should have been collected, or if the amounts are significant or if you provided false exeption information, the state can come back to the pruchaser. Note: Purchase your expensive items online to avoid sales tax...Maryland has a 7% sales tax..if you buy a $400 Ipod you will pay 28 dollars in sales tax,but if you order it online you pay no Maryland sales tax and only $5.00 for shipping.
Effective March 1, 2013, Georgia Sales Tax will no longer be charged on vehicle purchases. It has been replaced by the Title Ad Valorem Tax (TAVT) which is 6.5% for 2013, 6.7…5% for 2014 and 7.0% for 2015. The law allows the TAVT to be increased up to 9.0% in 2016 and subsequent years, but only if required to make budget. The TAVT will apply to all vehicle transactions, including private or person-to-person sales. New residents moving into Georgia will also be required to pay the TAVT when they apply for their Georgia tag and title. At the current rate of 6.5%, car buyers will be paying about the same amount as Sales Tax at the time of purchase. But the awesome thing is that you will no long pay Ad Valorem Tax based on your vehicle's value each year when you buy your tag! Ad Valorem on a $25k vehicle could easily cost $400+ for the first few years and, adding insult to injury, it was due on your birthday when you bought your new tag! After the TAVT has been paid on the vehicle once, your tag will only cost $20 per year to renew! The Georgia Department of Revenue has an online calculator that illustrates how much you will save depending on how long you plan to keep the vehicle. For example, if I bought a $30k car today, I would pay 6.5% TAVT at the dealer. If I expect to keep it for 7 years, I will save more than $2400 because I won't pay Ad Valorem tax at each tag renewal!!! I doubt that private sellers/buyers or folks moving into the state will be happy with the new law. But for everyone else who buys a new or used car, it will save a LOT of money in the long run!
same as sales tax i believe its 6% im a dealer in ny and we get alotta NJ deals and yea im [retty positive its 6
Answer 1 The use of collected sales taxes varies from state to state. Often, specified portions of sales taxes are dedicated to specific uses, such as education, highwa…ys, etc. Usually, the total amount of sales taxes is not dedicated, with some of it going into a states "General Fund" to be applied as the legislature and executive branch determine.
I am a American Veteran from the Vietnam war , I am disabled from my job of 31 yrs working on the docks. I had to retire from my job as a mechanic because of 7 bad disc in my …neck and back. I got discharged in 1971 from the Marines (Honorable ) . I bought a home for my son co-sign last year and just now found out there is a Melaruse owed on the house . It was never disclosed to me in the loan docks at all , I bought the house PI & TI . My house payment went up $ 600.00 more a month. Am I exempt from paying the Melaruse on this house .