Anonymous wrote:Recently, my parents gave me their luxury 2022 SUV hybrid as a gift. It currently has CA tags and arrived in DC a few days ago.
We've submitted a title transfer application with CA DMV online and it's still in process. And I have in my possession the California Certificate of Title showing that my parents transferred the title to me as a gift.
After spending a few hours on the DC DMV webpages, it looks like I will owe $1400 in excise tax even though it's a gift.
But I'm hoping I'm wrong.
Does anyone know how to avoid paying taxes when registering an out-of-state car that's been gifted?
Thanks!
That sounds about right actually.