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Dumb tax Question
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HOGFARMER
Posted
10/12/2012 07:23 (#2636088)
Subject:
Dumb tax Question
NE OHIO
If you buy a car for say $7,000.00 and drive it till it is junk then sell it for scrap at $300.00 must you declare this as income ? The car was never written off as sit was for personal use . Just curious as a friends asked.
Dumb tax Question
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HOGFARMER
: 10/12/2012 07:23
RE: Dumb tax Question
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HFR
: 10/12/2012 07:32
Re: Dumb tax Question
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HOGFARMER
: 10/12/2012 07:42
Re: Dumb tax Question
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KINGFISH
: 10/12/2012 08:02
Re: Dumb tax Question
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martin
: 10/12/2012 08:46
RE: Dumb tax Question
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BHTN
: 10/12/2012 08:37
Re: Dumb tax Question
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HOGFARMER
: 10/12/2012 09:07
Smiley face here nt
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ndred
: 10/12/2012 09:15
RE: Dumb tax Question
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Southern Farmer
: 10/12/2012 09:38
that is correct--- called "allowed or allowable" rule.......
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jakescia
: 10/12/2012 09:49
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Dumb tax Question
