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He pays income taxes. You pay sales taxes.

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19y ago

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How can I lower property taxes in Illinois?

To lower property taxes in Illinois, you can appeal your property assessment, apply for any available exemptions, and get involved in local government to advocate for tax reform.


The price of a used Glock g27?

The price of any used item(s) can vary from seller to seller.


Does a private seller of a car pay any taxes?

No, you've already paid taxes on it when you bought it, so the one buying it from you is the one who will pay the sales tax.


Where does the seller sign on an Illinois boat title?

In Illinois, the seller signs on the back of the boat title in the designated "Seller Signature" area. This section is typically located in the lower part of the title document. It's important for the seller to complete any required information, such as the date of sale and the sale price, to ensure a smooth transfer of ownership. Additionally, both the seller and buyer should complete the necessary sections for the buyer's information.


Who has to file income taxes in Illinois?

Anyone with any income, or even without an income can file. You are required to file Federal taxes if you made more than $1,800. Illinois requires anyone that earns or receives income in the state to file state taxes.


Can you take your used car back?

If that used car is under a warranty or a time line offered by the seller, then you can take it back to the seller. Not if you do not have any agreement. Sale is fine.


Is it required for seller to prorate real estate taxes?

Real estate tax laws in the United States vary state by state. However, I do not know of any state that requires the seller to prorate real estate taxes. Instead the proration of real estate taxes is local custom and generally written into an agreement to buy or sell real estate. Contractually, upon agreement of the parties involved, the real estate taxes are generally prorated so that whoever owned the real estate during the calendar year pays for that same portion of the real estate taxes.


WILL the borrower BE hELD responsible for property taxes during foreclosure?

It depends on whether or not they have already been paid. Some sellers request a partial refund for any taxes already paid. Others will pay them for you. Just depends on what the seller wants to do really.


Paid cash for your home 119271.71 where does this amount go on your taxes for 2007?

Purchasing a house is not tax-deductible.You can deduct mortgage interest (which you do not have) and property taxes. If you received a property tax credit from the seller, which appears on the settlement sheet from your closing, you must net that against any taxes you paid during 2007. If there was any credit for taxes due in 2008, net that portion of the credit against property taxes you pay in 2008 to figure your deductible portion.


Where can I find a used car from private seller in Sparks, NV?

The best way to find a used car from a private seller in any city is through your local classifieds. Also try craigslist.com or ebay.com and search by your area.


What does factura mean in English?

"Factura" translates to "invoice" or "bill" in English. It refers to a document issued by a seller to a buyer, detailing the products or services provided, along with their prices and any applicable taxes. This document serves as a record of the transaction and is often used for accounting and payment purposes.


Do you have to pay taxes on your company furnished pickup that is used for construction projects?

no your employer is responsible for taxes , license, and any needed permits.