Gladiator4Runner
Well-Known Member
Just for asking that question the IRS will tax you an additional .5% and a fee of $100 for trying to think you might be able to pay less tax.So, to clarify... if I bought a $50k Gladiator and put down $25k I'd still be taxed on $50k?
Does your trade-in reduce the taxable amount?
Edit: In 42 out of 50 states, trade-in will reduce the taxable amount.
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