Question:

If I sell my car to a private party do I have to claim it as income on my taxes?

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If I sell my car to a private party do I have to claim it as income on my taxes?

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2 ANSWERS


  1. Only if you sell it at a gain.


  2.   A one time sale of personal property not used in business does not have to be reported.  You probably didn't have a gain, anyway.

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