When making a major purchase, such as a new vehicle, one strategy to help lower the cost is to shop in a state nearby to yours that does not charge sales tax. True, this will ensure you do not have to pay sales tax on the vehicle. False, if the state in which you are a resident does have sales tax, you'll need to pay the amount for that tax in your home state, regardless of where you purchased the v Question 10 Last year, Maria failed to file a tax return. She has since learned that she might be able to file it late. When she goes to file, what should she expect? If Maria is owed a refund, she will receive it in full, even though she filed late. Maria will be charged a late fee, regardless of whether she owes the IRS money. Maria will be able to file her return (up to 3 years late). If Maria owes the IRS money, she will be charged interest and late payment penalties. Question 11 Last year, Julio earned $25,000 working as a freelance grant writer. As part of his business expenses, he purchased a software package for $500. The amount of $500 for the software may be considered a when Julio does his taxes. Tax credit Tax liability Taxable income Tax deduction