Quote:
Originally Posted by m4a1mustang
Because we won't help you if you aren't getting one! 
Pharmacist, at least in the US from what I know, car insurance settlements for a totaled vehicle are not income taxable (at least at the federal level). |
I think his concern is the sales tax he will have to pay on the replacement car. If his car was worth 30K, then with that cash, he can only get a 26K car because of the sales tax.