Thread: Selling your car and taxes
Results 1 to 15 of 27
Threaded View
-
10-10-2012 08:24 AM #1
Selling your car and taxes
I'm getting ready to try to sell my street rod, and I'm not sure what I'm supposed to do with the money, from the IRS's point of view.
First off, I know cash is best, but what other forms of payment should I require? Certified check?
Secondly, any other transaction other than cash will require a bank. I expect they will ask some questions or even give me some tax forms when I show up with a 30K+ check.
What's the best way to handle this? Any tips or suggestions?Andy
My project build video:
http://www.youtube.com/watch?v=iubRRojY9qM
Several years ago we did quite a good trip of USA, and on our trip we got to meet Mike and Christine Frade. We didn't stay long with them, but in that relatively short time we both gained a great...
We Lost a Good One