Tc 843 2025

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The document is a Bill of Sale form (TC-843) issued by the Utah State Tax Commission for the sale of various types of vehicles. It includes sections for the seller and buyer to fill in details about the transaction, such as the vehicle's make, model, year, VIN, and sale price. The form also states that used vehicles are sold as-is and outlines warranty disclaimers. Additionally, it provides instructions for reporting sold vehicles.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I gift a car to a family member in Utah?

Whenever a vehicle is gifted, a formal bill of sale should be completed before the transfer of title and registration. This ensures that both the donor and the recipient have a legal record of the gift.

Is it better to sell or gift a car to a family member in Utah?

Selling a vehicle for $1 instead of gifting it could result in your recipient paying sales tax based on the cars fair market value its better to stick with the official gifting process.

Do you have to pay sales tax on a gifted car in Utah?

Utah does not have a sales tax exemption for family-to-family vehicle purchases. Sales tax is due on the vehicle sales between family members. The purchase price you claim on documents you provide when registering your vehicle must state the price you actually paid.

What is a TC-843 form in Utah?

A Utah motor vehicle bill of sale is written documentation of a transfer of vehicle ownership. Also known as Form TC-843, it is provided by the Utah State Tax Commission to record the vehicles information, the buyer and sellers names, and the sales details.

How do I fill out a bill of sale in Utah in consideration?

The bill of sale should contain: name and address of the buyer; name, address and signature of the seller; complete vehicle description, including the Vehicle Identification Number (VIN); description of trade-in, if any; purchase price of the vehicle; trade-in allowance, if applicable; and. net purchase price.

utah tax commission form

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How do I transfer my car to a family member in Utah?

To transfer a vehicle title in Utah, you need the current title, a bill of sale, and a completed Application for Utah Title. Both the buyer and seller must provide identification, like a valid drivers license or state-issued ID, and proof of residency.

What is the best way to give a car to a family member?

Quick Tips About Gifting a Car Draft a bill of sale for $0 to maintain a paper trail. Promptly transfer the title and register the car in your state. Gift-givers are responsible for any gift tax. Recipients are not responsible for any car inheritance tax.

Does Utah require a notarized bill of sale?

For the Bill of Sale to hold legal weight in Utah, certain requisites must be fulfilled: Signature Requirement: Both buyer and seller must sign the document. Notarization: While not always mandatory, notarizing the signatures provides an added layer of legal protection.