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Do you have to pay income tax on an automobile insurance payment?
Wiki User
∙ 14y ago
It depends on the state and how your insurance company is filed. Some states like KY have to pay tax depending on where you live, it is calculated as a percentage and added into your premium. Most states are not like this though...the only thing that is usually added is an installment fee per payment.
Wiki User
∙ 14y ago
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premium...
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