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Hey ladies! I had my car for just a year and sold it for a million. Do I need to pay taxes on that now? Can you tell me how much I'll owe?
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Irina
Sale price minus purchase price. 13% of this difference.
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Devushka-s-severa
120,000
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Devushka-s-severa
Irina If I bought it for 120,000 and sold it for 100,000, from what amount should I calculate?
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lyutikova elena
Irina 13% of 200K
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Devushka-s-severa
I bought it for 120,000 and sold it for a million!
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lyutikova elena
Irina Totally spaced out, I thought I bought it for 1.2 million and sold it for 1 million. Now I see I bought it for 120k and sold it for 100k
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lyutikova elena
Irina Basically, subtract the purchase price from the selling price, and then take 13% of that difference.
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Devushka-s-severa
Irina Thank you
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Devushka-s-severa
It's not all very clear, of course 😊
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lyutikova elena
Irina I calculated one million two hundred thousand minus one million, that's 200,000. And 13% of 200,000...
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Devushka-s-severa
I need it now, I didn't know about this declaration. I sold it a year ago, and the reminder letter just arrived now.
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Devushka-s-severa
No, there wasn't
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Devushka-s-severa
I didn't even know, darn! 😊
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Hodakova Anastasiya
How many years did you use it? How is it even possible to buy for 120k and sell for a million?
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Irina
After selling my car, I got a tax bill, but I hadn't paid it yet. I went to the tax office, and the clerk checked and confirmed I had a tax refund pending from when I bought my apartment. I used that refund to pay the car tax.
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Katerina
Like if it's damaged. It's unclear here how much it was bought for or sold for...
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Devushka-s-severa
I formally sold it to a relative
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Devushka-s-severa
I have to pay 97k for this?
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Devushka-s-severa
OMG, so expensive
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Devushka-s-severa
They just calculated that I won't have to pay taxes because I sold it for less. My sister-in-law works at the tax office, I even forgot about her. Now I don't know what to think
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Devushka-s-severa
Documents for 1 million
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Hodakova Anastasiya
Formally, they'd write 100k, not a million
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Devushka-s-severa
And I sold it for 100,000, so I don't have any income from it.
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Devushka-s-severa
So she said she'd give me that declaration, I don't know now
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Devushka-s-severa
1 million by the books
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sazonova margarita
I'm getting a tax amount notification on Gosuslugi.
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Devushka-s-severa
Oops, I was in a hurry to find out faster
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