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      05-09-2008, 01:25 PM   #20

Drives: 08 135
Join Date: Feb 2008
Location: Denver

Posts: 1,203
iTrader: (0)

Originally Posted by ucb View Post
Yeah I just checked, that policy doesn't fly with me in CA, you are taxed on the full value of the car, then trade-in is deducted

Can you file for it on your income taxes though?
I swear I did this last year on my tax return but now I can't find a link for this... maybe there is a tax attorney out there that can help us out...