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otctet
New Member

Sold a car at a profit where do I put it on tax form

payed 1500.00 for a car sold it two months later for 3500.00.

where dose that go on my taxes.

2 Replies
SweetieJean
Level 15

Sold a car at a profit where do I put it on tax form

Are you in the business of restoring and selling vehicles?
AlanT
Expert Alumni

Sold a car at a profit where do I put it on tax form

Please see the following FAQ for entering the sale of your automobile.  Follow the directions for non-securty investments.

https://ttlc.intuit.com/replies/4790340

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