do u have to pay taxes on a used car

do u have to pay taxes on a used carDo I Have to Pay Taxes on a Used Car? | eHow
Different states have different rules on how to calculate the sales tax on a used car. The sales tax may also differ based on how much the car weighs, what county it was registered in originally, what type of license plates are requested and what state you live in. In Florida, for example, car buyers must pay 6…

Do I Pay Taxes When I Sell My Car? | eHow
How to Pay Income Tax on Selling a Used Car. The Internal… Do I Have to Pay Taxes If I Sell Stock? The number of Americans who own stock has jumped with the advent of 401ks and other employer-supported stock options. How to Pay Sales Tax on a Car. Do I Have to Pay Taxes on a Used Car?

Why do we have to pay sales tax on a used car? – Quora
In California, for example, if I sold you a used car for $10K, you would pay a sales tax on it (about $1K). If you took that same car and sold it back to me for $10K, the state would require me to pay $1K in sales tax (on the second transaction).

When buying a used car from the owner, do you have to pay tax?
Either way, there is no way to avoid paying the sales tax on a used car. One of the most attractive reasons for buying a used car is saving money; however, aside from the lower asking price, you'll still have to pay certain used car taxes and fees.

Do I Have to Pay a Sales Tax for Buying a Car? (with pictures)
In general if the state one lives in has sales tax, one will pay sales tax on the purchase of any car, including purchase of used cars from a private party. Sales tax is one of the many things that can significantly increase spending on an auto purchase.

Do I Have To Pay Income Tax If I Sell My Car Privately?
When I told them that I would rather sell it privately, they said "Well, if you do that you will have to pay thousands of dollars in income tax." Usually when people purchase a car it is considered a depreciating asset. Most people buy a new or used car and it loses value over time; when you sell it…

Car shipped overseas may elude U.S. tax
Do I have to pay taxes on the car if I do not drive it in the United States? However, there may be import duties and taxes owed on the car in Romania. Check with the company you plan to use to ship the car.

Worried how you'll make your buy-to-let pay amid tax assault?
One expert believes he's found a way to pay NO tax at all… By Sarah Davidson For Ordinarily these are one in the same but it is possible to split the two the using a 'beneficial interest company trust'.

Paying taxes when buying a used car in a different state.
Reply to Ed Johnson's Post: If I buy the car used, how do I know if they paid tax? It doesn't make sense that if I buy from a person vs. retailer that I would have to pay tax on that vehicle. if the car is 2 years old, how do they charge you (based on the purchase price or original price)?

Best way to avoid paying tax for car in CA? (vehicle, buy) | Forum
k ive never bought a car in CA but i might be getting a new used RSX-S i heard in CA u have to pay tax, and to avoid that, u can ask the seller to give it to u as a gift but still paying him. Does this work or what?

Immigration and Taxes: Who has to Pay U.S. Taxes? – FindLaw
Like green card holders, if you spend at least 183 days in the United States and are a holder of a nonimmigrant visa, you must file your taxes using IRS Form 1040 by April 15th and pay taxes on all income earned in the United States.

Should I pay tax if I buy a used car from a private… | Yahoo Answers
Real simple. Do not gift a car to a stranger. If your transaction happens to get audited, then you might be subject to a penalty as it will be clear you do not know the person and would not really be giving them a car.

LC Forms
Claim for drawback of duty paid on oils used as fuel on…

Do i pay Taxes on a used car in Arizona from private party
If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. However, you WILL have to pay a use tax when you go to the DMV to register your vehicle. The use tax is basically the same exact rate as sales tax.

Gift Tax: Do I have to pay gift tax when someone gives… – TaxAct Blog
My godmother from macau gift me $50000 as down payment to purchase my future property. do I have to pay tax? I gave 14K to my son, his wife, and my grandson( 4 Years old) and all of it was used for a down payment on a house.

Do I have to pay tax on stuff I sell on eBay? – Business… | NBC News
If you do report this as hobby income, you can deduct hobby expenses from your that income. But you can't use hobby losses to offset other, non-hobby income. Do I have to pay taxes on it? Does he? Ben — New York city.

Putting down a lower used car price to limit the DMV's extortion | Forum
Anyway, I'm in the market for a used car. I'm going to get reamed on the tax, though. As a concerned citizen, I think it is my civic duty to avoid as much as possible in terms of unfair fees. veyismeer said: Well you don't usually pay tax on used items.

CT.GOV-Connecticut's Official State Website
The page no longer exists, or has moved to a different page, or. The address was entered incorrectly. Still Need Help? Try using the search above. Return to the home page.

Foreign Earned Income Exclusion for Living, Working Abroad
Estimated tax: You may have to pay estimated tax if you are working abroad for a foreign employer, since foreign employers generally don't withhold U.S. taxes from "It's fast and easy to use. I've used e-file since 2005 and I never have a problem using this web site to file my federal and state taxes."

Account Suspended
This Account has been suspended.
Extension of dates for Grant of Registration, ADM Relief and payment of taxes…

Ask Stacy: Do I Have to Pay Taxes… | Money Talks News
Ask Stacy: Do I Have to Pay Taxes If I'm Not in the US? By Stacy Johnson on June 5, 2012 Photo (cc) by Bluedharma. 6 Painless Ways to Pay Off Your Mortgage Years Earlier 2,457. 77 Uses for Baking Soda — and How It Could Save Your Life 1,982.

Information Liberation
Why Aren't The Rich Paying 50% in Taxes?

Car Buying Taxes – How to Figure Out the Cost… | HowStuffWorks
Whether you're buying a new car or a used car, or even leasing a car, you'll have to pay state sales tax. Nearly every state has a sales tax, ranging from under 3 percent to over 8 percent.

Buying a used car – Citizens Advice | Ways to pay
How to pay income tax. Tax refunds – claiming back overpaid tax. If there's something wrong with your used car (eg it's got a false mileage reading or it keeps breaking down), you may have a legal right to a repair, the cost of a repair, or some or all of your money back.

Clearing cookies, please stand by
Working for Yourself: Law & Taxes for Independent Contractors ,

export a car from us to canada as a new immigrant
I want to buy an used car in U.S and drive it to Canada. Here is my problem: 1. Can I drive my car without paying US state tax to Canada? If I don't pay the tax, I will not have the registration. I just have the title and insurance. 2. I am a new immigrant.

FPDF error: Some data has already been output, can't send PDF file…

Abc 4
Taxes paid on polygamist sect's Canada property.

Forbes Welcome
Multinationals Don't Pay Less Tax Than Austrian Sausage Stands…

Leave a Reply