Quote:
Originally Posted by josh1147
I'll take it...here in St. Louis, new vehicle taxes for a $38K car will cost me about $2700!!!!
I will definitely take that credit!
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I don't think it's a credit, but a deduction. So your real world savings would be approximately $2,700 times the % of your highest tax bracket.
IE: $2,700 * 14% = $378 savings