5%
Only if you also reside in California though you should consult with a tax attorney if you are concerned about it.
in the obama health care plan what is the tax if you sell your house in 2013 and what income restrictions and price of house are part of this determination?
Yes
The total tax is $0.59 and the total price with tax is $12.39. You should receive $7.61 in change.
The total plus tax should be the total selling price!
If you are the "private" seller you do not collect sales tax. If your states requires sales tax to be paid on a private sell then the DMV will collect it when the buyer registers the car.
NO..Dealers do not need to collect tax from purcahsers who are out of state residents
For federal income tax purposes, you would not pay tax on the gift itself, but you would pay a tax on the increase in value (its appreciation) from the time you inherit it until the time you sell it. As far as state income taxes, that depends on the particular state you are in, so you have to check that out with someone familiar with the tax laws of that state.
The percent of the sales tax was 4.5%
4.75 percent.
Sales tax - If you sell an item to someone in your state you are supposed to collect tax. You pay this tax to your state. If someone doesn't live in your state, you don't charge tax. This law is in debate and might change in the future. Federal tax - Being in business you must keep records and pay federal tax.
6.25 percent tax on 14.00 is 0.88.