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Author: BryanZ1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121114  
Subject: IRS Pub 600 Sales Tax question Date: 2/10/2005 3:16 PM
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So I bought a car this year and I'm planning on taking advantage of the sales tax deduction via IRS Pub 600.

I have a question I was hoping someone would be kind enough to answer.

I'm a little unclear on the local general sales tax. I live in San Diego. I believe our sales tax rate is 7.75%, compared to California's 6.1% statewide sales tax. I'm assuming by the example that to determine the rate of local sales tax I'm simply subtract San Diego's gross sales tax rate (.0775) from California's statewide sales tax rate (.061) to come up with San Diego's actual sales tax rate of .0165.

Am I doing the steps here correctly? I'm trying to avoid an audit ;)

Thanks much!
BZ1
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