Do i have to pay taxes on a car that i sell that was used for my business (llc) which i also recently sold?

Asked by GuruQKJG7 Nov 21, 2019 at 05:53 PM

Question type: General

1 Answer

The buyer pays the sales tax. Talk to your accountant about tax issues.

2 people found this helpful.

Your Answer:

Own this car?

Share your experience with others.

CarGurus Experts

  • #1
    Paul
    Reputation
    56,430
  • #2
    Gene Arnett
    Reputation
    46,970
  • #3
    Ed92626
    Reputation
    41,990
View All

Know more, shop wisely

Search

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.