- 1). Obtain a copy of the 1099-MISC form from the IRS website (see Resources).
- 2). Research the fair market value of the vehicle. Contact a local car dealership or consult a recognized publication such as "Kelley Blue Book." Consult a CPA or an accountant for details on how to include proof of fair market value for the IRS.
- 3). Fill out the 1099-MISC form with your name and contact information.
- 4). Enter the amount that corresponds to the vehicle's fair market value in box 3.
- 5). Attach the 1099-MISC to the regular 1099 and file as normal.
- Advertisement -
- Advertisement -
EDITOR PICKS & Articles
- Data Structures Assignment Help services for students
- How to Find The Right School for Your Child
- Alcatraz Island
- Find it! - Finden Sie es!
- A Proposal For The Calculation Of Wear
- Customer Care Training Courses
- Know Thy Enemy: A Guide to Successful AP English Literature Test Preparation
- Mother's Day Writing Activities for Kindergarten Students
- Colleges Near Westland, Michigan
- How to Teach Grammar to Adults
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Prev Post
"Business & Finance" Categories
Advertising & Marketing
Arts & Crafts
Bankruptcy
Blogging
Biz
Business Insurance
Business News
Careers
Corporations
Credit
Debt
Electronic Commerce
Economics
Entrepreneurship
Finance
Home Based Business
Investing & Financial Markets
Loans
mortgage
Outsourcing
Personal Finance
Renting & Real Estate
Shopping
Small Business
Social Media
Stocks-Mutual-Funds
Taxes
Wealth Building
Stay With Us
"Business & Finance" MOST POPULAR
"Business & Finance" Lastest Articles