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If you live in IL and buy a car in MO, do you have to pay the taxes for both states or just IL? |
If you live in IL and buy a car in MO, do you have to pay the taxes for both states or just IL? I dont believe you have to pay taxes to either. You will pay MO only Just the MO tax - you can deduct the MO tax paid on your IL taxes. You have to pay the taxes usually in your residence state since that is were the vehicle will be titled from. You can sign an out of state exemption and pay the tax in your home state NO, you pay IL only. You have to let the dealership know you are from IL and trust me, you'll pay your taxes when you go to plate it! You pay taxes in the state where you live. |
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