Owed

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   Was everyone in the state of Missouri aware of how the sales tax on a car purchase can be offset?  It's not a free money kind of thing but it's not a money owed to the state necessarily either.

   It's money owed to the taxpayer.

   So I'm happy to find out it works backwards.

   There might be other circumstances where this applies but if you had:

• A vehicle indicated as "totaled" by your insurance.
• Money paid back to you by your insurance as compensation for the car's value. 
• Then purchased another vehicle within 180 days of the "totaled" event.

   Then you need to do a few not-so-simple things (at least on paper) to get all or part of your sales tax back from the newer vehicle purchase.

   Here's what you'll need:

• Request a notarized affidavit from the insurance company for the value of the "totaled" vehicle.
• Fill out a Form 426 (pictured below) and mail it to the Adminstration Division address at the bottom of the form.

   There's a good chance it can cancel out the entire sales tax you owe and return it as a refund.

   You might not have known about that.

   But you should have.