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6252 Instructions 2023 Form: What You Should Know
Installment Sale Income — Investopedia The sales tax rates of all states are shown in Tax-Rates.net. These rates are the state's taxes on your sales. For each state, you can see the tax rate that is imposed on the sales tax and the taxable proceeds that the sales tax brings in. This is why you need to know the tax rates that your state imposes, and it's also why you must make sure you take in enough money to pay the tax of your state. Here are the taxes you'll have to pay on the sale of your car that you've built in your garage. Taxes on car sales in different states Form 6252: Income from Sale of Vehicle — Tax Data Bank Instruction sheet for tax form 6252: Installment sale income. Instructions for Form 6252 Installment Sale Income: IRS Instructions for Form 6252 Installment Sale Income Definition. Instructions for Form 6252 Installment Sale Income: TurboT ax Taxes on car sales in different states 1. State Tax Rate on Sales of Vehicle in State Sales Tax Rate on Sales Vehicle in States 1. California 5% 2. New York 8% 3. Tennessee 7.75% 7.75% 4. New Jersey 10% 5. Illinois 10% 6. Illinois 8.875% 8.875% 7. Texas 10% 8. Illinois 9.25% 9.25% 9. California 10% 10. Illinois 10% 11. Tennessee 7.925% 7.925% 12. Illinois 9.0625% 9.0625% 13. Texas 10.0400% 10.0400% 14. Georgia 7.94% 7.94% 15. Tennessee 7.91% 7.91% 16. California 9.1667% 9.1667% 17. Illinois 9.0022% 9.0022% 18. Tennessee 7.89% 7.89% 19. Tennessee 7.82% 7.82% 20. Illinois 8.6100% 8.6100% 21. Texas 8.5950% 8.5950% 22. Tennessee 7.895% 8.895% 23. Illinois 8.4950% 8.4950% 24. Texas 8.4625% 8.4625% 25. Illinois 7.7900% 7.7900% 26. Pennsylvania 9.
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