Posted on Sep 28, 2022
Your chance to win a brand new pickup truck - VA News
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Posted 2 y ago
Responses: 1
If I turn around and give it away, do I still have to pay the taxes on it?
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SP5 Dennis Loberger
SPC (Join to see) - yes you do, but if you donate it to a 501-C3, that donation will offset the income that generates the income tax
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