Any income received by citizens of the Russian Federation involves interaction with tax authorities and payment of tax to the state in the amount of 13% of the amount received. Selling a car is no exception. True, there are some nuances here.
Instructions
Step 1
For the sale of a vehicle, you do not need to file a tax return only in one case - if at the time of sale you owned a car for more than 3 years. The period during which the car was in the ownership of the taxpayer is calculated from the date of the purchase transaction.
Step 2
If you have owned a car for less than 3 years, you must file a declaration with the tax authority in the form of 3-NDFL. It is necessary to indicate in it the amount received from the sale of the car, based on which it will be clear whether you need to pay the state tax on the funds received or not.
Step 3
The tax is not paid in the event that you sold the car for less than 250 thousand rubles or can document that you sold the car cheaper than you bought it. In this case, the income is offset by the previously incurred expenses.
Step 4
250 thousand rubles - the limit of the property tax deduction, by which the taxable base can be legally reduced. If you cannot confirm the fact that you sold the car cheaper, submit an application for a tax deduction along with your declaration. Then the tax amount will be calculated according to the following formula (sales amount - 250,000) * 0, 13. Therefore, if you sold cars for less than 250 thousand, your tax will be 0 rubles.
Step 5
When the sale amount exceeds 250 thousand rubles and the purchase amount, the tax is calculated as follows: (sale amount - purchase amount) * 0, 13. Thus, it will not have to be paid from all the money received, but only from the profit.
Step 6
You must notify the tax office of your income no later than April 30 of the year following the purchase. To do this, come to the district tax office and fill out the declaration form given to you, or use the post office and send the completed declaration there in a valuable letter with a description of the attachment.
