How much taxes do you pay if i sale a car in NC?

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1183057

2026-07-18 10:50

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If it is a private sale between two individuals then you shouldn't have to report it on your income taxes at all. If you have used it in business or taken business mileage deductions then you probably will have to report the sale on your tax return. You will use the Sale of Business Assets Form and calculate the basis and sale price based on information you did not provide here.

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