- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I bought a used tractor last year fixed it up and re-sold it do i need to report the income?
Topics:
June 6, 2019
8:06 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, if you sold it at a gain. The gain is found by subtracting the purchase price plus expenses from the sales price.
June 6, 2019
8:06 AM