javatax14
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If that's the case if car Trade in Value is 14,000 and payoff is $17,000 the $17,000 doesn't matter? so the gain is 14,000
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I read this and other comments but what about Publication 463 on a Trade In.I read publication 463 and it says a Trade in old car for new one the transaction is...
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- Posted Publication 463 on Business & farm. October 12, 2024 12:11 AM
- Posted Re: Sales Price of Trade In and Expense of Sale understanding on Business & farm. October 11, 2024 11:54 PM
- Posted Re: Vehicle sale on Business & farm. October 11, 2024 10:53 PM
- Posted Sales Price of Trade In and Expense of Sale understanding on Business & farm. October 11, 2024 10:00 PM