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In Kentucky, if you receive a car as a gift, you typically do not have to pay sales tax on the vehicle. However, you may still be responsible for a title transfer fee when you register the vehicle in your name. It's important to complete the necessary paperwork at your local County Clerk's office, where they can provide specific details about any applicable fees or taxes. Always check with local authorities for the most current regulations.
What else can I help you with?
Do you owe sales tax if you buy a car in Florida and take it to Kentucky?
You must pay the taxes due in the state you buy the item in.
If you sold your car do you owe taxes?
no
Can they take your taxes if you owe a car loan?
no
Will you owe taxes on a totaled car?
Not if you notify you local PVA that the car is totaled and not longer in service. You will pay taxes up to the day it was totaled.
How much do I owe in taxes, including the 6000 that I owe?
You owe 6000 in taxes.
Can you claim taxes on garnished wages?
They are as taxable as normal wages...which they are...its just that they aren't given to you but to those who you owe...
How can you look up if you owe back taxes on a car?
Contact your local property tax evaluator and they can tell you.
If I claim 2 dependents on my taxes, will I owe taxes?
Claiming dependents on your taxes can reduce the amount of taxable income you have, which may lower the amount of taxes you owe. However, whether or not you owe taxes depends on various factors such as your income, deductions, and credits. Claiming dependents alone does not determine if you will owe taxes.
What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
Can fed take my taxes if i owe state?
if i owe federal taxes will they take my state refund
Do you have to pay taxes on gift money that was given to you?
Federal gift taxes are not paid by the recipient. However, in the rare case where the donor does not have the resources to pay gift taxes they may owe, the IRS might try to recover some or all of the gift from the recipient. The donor may owe a gift tax depending on the size of the gift and depending on what other gifts the donor has given.
Will I still receive a stimulus check if I owe taxes?
Yes, you will still receive a stimulus check even if you owe taxes. The stimulus payment is not affected by any taxes you may owe.
