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New York State Department of Motor VehiclesREGISTERING/TITLING A VEHICLE IN NEW YORK STATE See the blue pages of your local telephone directory, or visit DMV 's web site, for DMV phone numbers. www.nysdmv.comRead.

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Related links form

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When buying a car in New York, you will pay a 4% sales tax rate for your new vehicle, according to Sales Tax States. This statewide tax does not include any county or city sales taxes that may also apply.

If you're gifting a car in California, the recipient can apply for a tax exemption when they visit the DMV to get new plates for the car. If you're gifting a car in Florida, a bill of sale gift or an affidavit is all you need to avoid paying the taxes.

The seller and the buyer complete the bill of sale. ... You must also complete a Statement of Transaction- Sale or Gift of Motor Vehicle, Trailer, All-Terrain Vehicle (ATV), Vessel (Boat), or Snowmobile (PDF) (at NY State Department of Tax and Finance) (DTF-802) and indicate on the form that the vehicle is a gift.

A Statement of Transaction is used to report the sale of motor vehicles, trailers, ATVs, snowmobiles, boat/trailer combinations, and separate watercraft. This form was released by the New York State Department of Taxation and Finance. ... You can download a DTF-802 fillable form through the link below.

DTF-802. Purpose: Use this form to certify sale price for sales tax calculation when vehicle, vessel, etc. is transferred in a casual sale or as a gift. Statement of Transaction Sale or Gift of Motor Vehicle, Trailer, All-Terrain Vehicle (ATV), Vessel (Boat), or Snowmobile (at NY State Department of Tax & Finance)

No, New York does not currently have a gift tax. Therefore, you may reduce the value of your estate subject to estate taxes by gifting assets to your beneficiaries during your lifetime. ... Also, the federal gift tax will apply to gifts with a value of more than $15,000, per person, per year.

The buyer is responsible for sales tax on the actual sale value of the vehicle, and you aren't liable for penalties even if the buyer never pays. This may make selling a car a better option than giving it to a friend or family member, which could cause the gift tax to come into play.

If the name on the NY State Title Certificate will not change, sales tax forms and proofs are not required. ... If the vehicle was a gift or was purchased from a family member, use the Statement of Transaction {Sales Tax Form} (pdf) (at NY State Department of Tax and Finance) (DTF-802) to receive a sales tax exemption.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232