Tax in Illinois

• How would I know if a used car was once used as a taxi?

  Looking Up Car Info If a used car was once used as a taxi, that information will be reflected in the title and will be present when you review a vehicle history report. It’s probably pretty ...

• How can I get tax write off for car donation?

  Get a Tax Write Off for Your Car Donation For a car donation to be tax deductible, you must get a receipt for the vehicle donation from a qualified charity. For a charity to qualify, it has to have 5...

• Is a vehicle donation tax deductible?

  Donate Car in Your State and Receive Tax Write Off If you donate a car in your state, it might be tax deductible. Whether you receive one depends on several factors: You can only claim a tax d...

• How can I calculate sales tax on used cars?

  Your first step would be to just to find out the applicable sales tax rate. This can be tricky. Not only do you need to be aware of the state sales tax, but the local tax, as well. And, local taxes va...

• Do I need to file a personal property tax for my vehicle every year?

  This is a state-by-state issue. You'll need to contact your local DMV office for information regarding annually paying personal property tax for your vehicle. You can do this by calling, or visiting y...

• Is new car sales tax the same rate as regular sales tax?

  It can be, but it depends on where you live. Many states charge the same percentage tax rate for a new car as you would pay for a sweater purchased at a local store. But, some states throw in surcha...

• Does auto sales tax vary by location?

  It sure does. And, not only does the auto sales tax differ depending on your home state, but it can vary according to where you live within the state. That's because county and municipality taxes com...

• If I buy an out of state car which state's sales tax is applicable?

  You will pay the sales tax based on wherever the car was bought. So, for example, if you live in Ohio but buy your car in Pennsylvania, you will pay the Pennsylvania sales tax rate. This applies to bo...

• Is the new car sales tax rate the same across all states?

  No, the sales tax differs by state. In fact, even within a state, the tax rate varies. That’s because county and city taxes come into play, too. However, the new car sales tax rate doesn’...

• Where do I go to pay the used car sales tax?

  If you buy from a dealer, you will pay the dealer. But if you buy from an individual, you will pay a used car sales tax during titling and registering. Depending on your state, this will be handled by...

• Is anyone exempt from paying vehicle tax?

  ...ion. Some states, like Washington, are currently offering exemptions on the Motor Vehicle Sales/Use Tax on new hybrid, electric, or alternative energy cars until January 1, 2011. Certain federal gov...

• How do I calculate tax title and license?

  Tax title and license prices depend on where you live. The tax amount is usually a combination of the sales tax where you live, not where you purchased the vehicle; the state tax; and the car sale&rsq...

• Do I still get a car tax break if I buy a hybrid?

  You can get a federal tax break on certain hybrid models until December 31, 2010. The sales tax credit varies depending on the model, but can be as high as $3,400. However, don't expect to get that m...

• Is the best tax write off car donation?

  It depends. In many cases, especially if you have a vehicle you don’t use and it's just taking up room, donating a car to a charity could be the best tax write off. Donate car worth $500 or more...

• I need to calculate car sales tax.

  ...the main factor in determining used car sales tax. Instead, it's your state or county of residence. Tax rates generally differ from county to county. For instance, a resident of Erie County, in wester...

• What is the new car tag title tax in my state?

  The grid below outlines the new car use and sales tax for each state. Before you jump in, note that the method used to determine your sales tax varies from state to state. Most often, you’ll pa...

• How much will it cost me to pay excise tax on my vehicle?

  Most vehicles are assessed an excise tax based on purchase price. Each state, however, applies its own percentage rate on which to base the tax amount. In Maryland, for instance, the excise tax is bas...

• If I buy a used car, do I have to pay vehicle tax?

  Most likely. Most states require residents to pay vehicle tax during the titling and/or registration process of a newly purchased used car. The sales tax is generally a percentage of either the purch...

• Do I have to unregister my vehicle if I sell it?

  Sell Car and Unregister After selling your car you may, depending on your state, have to notify your local DMV. This may require submitting a specific form, surrendering your license plates, or, in t...

• Do I need the vehicle's pink slip to complete a title transfer?

  Most state Division of Motor Vehicles (DMV) centers require you to show proof of purchase in order to transfer a car title. Instances when you can transfer a motor vehicle title without the bill of sa...