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Q: What would the value of a state of Ohio 2 cent prepaid sale tax stamp be worth?
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Difference between book value and written down value?

The book value of something like a car is what it should be worth. The written down value is actually what somebody would be willing to pay for it.


If you inherit a house is the value taxable?

The estate may have to pay federal and/or state estate taxes. If the state has an inheritance tax, the value of your share may be subject to inheritance tax.As far as income taxes go, the value of the house is not subject to income tax. But when you sell the house someday, you will have to pay tax on the difference between what the house was worth on the day of death and the sale price. Let's say the house was worth $100,000 on the day of death and five years later you sell it for $150,000. You will have to pay tax on $50,000. (If you use the house as a personal residence, you can take the usual exclusion for personal residences if you meet the qualifications.)For this reason, you need to know what the house was worth on the day of death. If the estate did not get it appraised, do it yourself as soon as possible. It is possible to get a retroactive appraisal, but the further back in time you go, the more difficult and expensive it gets. If the estate got it appraised, get and keep a copy of the paperwork.


What is cost and value?

The cost requires a specific sum of money before it can be acquired. Value can be the monetary worth of something which is not necessarily the cost and, in addition, refers to quality, attitude, importance and usefulness. If you place a particular value on something, that refers to the importance or usefulness you think is has


Net Worth?

Net Worth Your net worth is the value of all of your assets, minus the total of all of your liabilities. Put another way, it is what you own minus what you owe. If you owe more than you own, you have a negative net worth. If you own more than you owe you will have a positive net worth. This calculator helps you determine your net worth and estimates how it could grow (or shrink) over the next ten years.


What is a record of income and expenditures for a particular period?

Net worth. net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time. ...

Related questions

What is your stamp worth 42 or 44 cents?

The stamp-postage value of a stamp is visible on the front of the stamp.


What is a 1944 mercury dime with an s stamp worth?

The "S" is a mint mark not a stamp, but the value is $2.00-$3.00 for circulated coins and a mint state coin is $7.00


Is a six pence stamp worth anything?

The value of a six pence stamp will depend on the year of the stamp, and the condition of the stamp.


What is the value of a top value stamp toppie the elephant sign?

The value of a Top Value Stamp, "Toppie," the elephant sign is approximately $42. The better the condition of the stamp, the more money it will be worth.


What are old silver postage stamp holders worth?

value of silver stamp holder


What is a poste italiane stamp worth?

It will depend on the value and age, as well as the condition. For a common stamp the value is minimal, but there are some older varieties that are worth good money.


What is the Margaret Mitchell Stamp worth?

The value of a Margaret Mitchell stamp can vary depending on factors such as condition, rarity, and demand. Generally, a single Margaret Mitchell stamp can range in value from a few cents to a few dollars. It is advisable to consult a stamp collector or appraiser for a more accurate assessment of the stamp's worth.


What IS the value of a malcolm x stamp worth?

1000 dollars


How much is a 1 cent Portugal stamp worth?

Without knowing the date on the stamp, a description and condition, it is impossible to value a stamp.


How much is a C stamp worth?

The C stamp has a face value of 20 cents. They were issued in 1981.


What is the value of Lenox Autumn gold stamp versus black or green stamp?

Gold stamps are worth the least amount of money. If you get a green stamp it is worth a couple hundred dollars. The black stamp is priceless.


What is the value of the display of the Elvis stamp advertisement It was hanging in post office?

The value of the Elvis stamp advertisement hanging in post office is really worth much. It is not worth much because it is not real.