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If there is a gain or profit from the sale of any vehicle, the gain or profit is taxable and reported as a capital gain on Sch D of IRS form 1040. It is usually taxable on most state and local income tax forms. If the taxable income reported on the federal return is transferred to the state/local tax form, then there is no need to report it on the state/local return since it is included on the federal return.
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What is the percentage of profit if I pay .25 and sell for 50.00?
It is 19900% profit!
What percentage of the actual value will a pawn shop pay when selling antique jewelry?
The thing is that, pawn brokers (shoppes), are not antique dealers. If you have antique jewlery, your best bet is an antique dealer. Most antique dealers buy and sell antique jewlery. Pawn shoppes are buying the gold and silver apecifically for the gold and silver content and not for it's value as an antique. Although pawn shoppes pay well for gold and silver, their not generally dealers in antique jewlery. You should check out both pawn shoppes and antique dealers before you sell any antique jewlery.
How do you sell a broken 42 inch vizio tv?
Assuming it can be fixed, you can pay out of pocket for the repair and still make a profit, or you sell it for dirt cheap advertising it needs to be fixed
How did the ruler of Ghana make a big profit?
People had to pay to trade and pass through other countries.
What does profit mean in math?
Profit is revenue minus costs. In merchandising, you have to pay for the items you sell, and you charge a higher amount to your customers. The difference between what you pay for them (cost) and what you get for selling them (revenue)_ is your profit. ■
What is the best way to sell cabinetry?
With any business - if you make something that people really do want to buy and sell it at a price that people are happy to pay then as long as you are able to make a small profit ( to build the business) then life is good
How much would you get if you traded in your PS2?
Not much PS2 sell for only $50 at Gamestop after they are refurbished and they need to make a profit and will pay less than half
Which one is more effective selling low price handbag or high price handbag?
There's really no set answer to that. If you sell real expensive handbags, you don't need to sell that many to make a profit. OTOH, finding people who are willing to pay huge prices can be difficult. If you sell low-price handbags, you'll have to sell more of them to make the same profit, but finding customers will probably be easier.
What are the objectives of price setting?
Pay for product and make a profit
How much is stock worth?
Worth is subjective. Value can be from asset, revenue, profit, growth... or in reality whatever people going to pay(similar to antique or Baseball card)
Where can sell my antique jewelry in Los Angeles?
Go to Beverly Loan Company located at 9440 Santa Monica Boulevard in Beverly Hills. Its an expensive pawn shop that would be willing to pay for antique jewelry.
Is it financially better to pay off your home, or build an investment account?
It is always better to pay off any outstanding debts before investing in stocks. Plus if you pay off your house, you save a lot in interest and can potentially sell your home to make a profit.
