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Do you have to pay income tax on money received for land to be used as a road?
Wiki User
∙ 8y ago
The money that you receive in this case is just like a sale because that is what it is. You will receive a reporting form on this money paid to you and the IRS will get a copy as well. You will need to report this sale on your income tax return and pay taxes on the profit.
Wiki User
∙ 8y ago
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How did the silk road impact culture?
the silk road spread Buddhism and got china more attached to the world the silk road was a popular trading route and brought in income
Can the county take a person land to build a road on a town ship road?
If you are trying to ask if the government can take your land for public use, the answer is yes, but only if they pay you a fair sum of money. If they do not pay you the money, they cannot take your land. It's called eminent domain.
Why did merchants Carrie mostly expensive goods on silk road?
The reason they were on the Silk Road was because they had items they wanted to sell in Europe and that made them of value. They also had to carry money with them and had animals so for any bandit they were a good source of income.
What is landlocked in Iowa?
Landlocked land is land that has no access from a road except over the property belonging to others.Landlocked land is land that has no access from a road except over the property belonging to others.Landlocked land is land that has no access from a road except over the property belonging to others.Landlocked land is land that has no access from a road except over the property belonging to others.
What type of land do land yachts cross the best?
Over the road, not off-road.
Is it legal to land a plane on a road?
no i don't know why but it is not legal to land a plane on a road
Was The Silk Road on land or water?
land
What is the name of the road in munchkin land?
The Yellow Brick Road
What is an elevated road?
A road that is higher than the surrounding land.
Is income a common noun?
Yes, the noun 'wealth' is a common noun; a general word for an abundance of valuable possessions or money, plentiful supplies of a particular resource; a word for any wealth of any kind.
What do state income taxes not pay for?
State income taxes don't pay for road repair in other states.
What are the ratings and certificates for On the Road - 2000?
On the Road - 2000 is rated/received certificates of: Denmark:A
