When the car is not taxed. Do I need to pay tax after selling a car for less than I bought it for? When and how to fill out a declaration

Are you planning to sell your vehicle? Please note that the funds received as a result will be considered by the state as enrichment, therefore, the taxpayer will have to fulfill the main obligation of the taxpayer - to pay tax when selling the car in favor of the state. Those motorists who need to understand in more detail regarding the amount of tax and cases when payment can be avoided have come to the right place. In this article we will consider each of the issues on the agenda in detail and give a conclusion.

The sale of vehicles and the receipt of certain income as a result is subject to an obligation on the part of the state to pay part of the funds received in accordance with the Tax Code of the Russian Federation. The object of taxation is the amount of money received by the former owner of the car after the conclusion of the transaction.

The rate, according to the same Tax Code, may be as follows:

In the first case, taxation is carried out at the standard rate for individuals - 13% of the amount received. This is the situation for residents of the Russian Federation. A resident is an individual who spends at least 183 days a year in the Russian Federation. The calculation of the previously mentioned interest is based on the amount specified in the official document confirming the transaction - the agreement between the owner and the buyer.

Those citizens who are not residents of the Russian Federation are forced to pay a huge amount when selling a vehicle: as much as 30% of what they received.

Video – Tax on car sales

Do I need to pay tax when selling a car in all cases?

Many vehicle owners are most concerned about the question of who is exempt from paying vehicle tax. Indeed, some citizens are exempt from payment subject to the following circumstances.

1. If the owner did not receive income at the conclusion of the transaction. It turns out that the owner sells the product at a price less than its original cost.
2. The owner has been using the car for a long time. Simply put, it was owned by a person for at least three years. This period is considered an important milestone in preventing fraudulent activities. In case of sale, the period is counted from the moment of conclusion of the purchase and sale agreement, with three years being understood as a literal unit - 36 months, not a day less.
3. In the case when the price of the car for sale is less than 250,000. By selling a car for two and a half hundred thousand rubles or even less, you are exempt from payment, since the amount is already small.

For clarity, let's look at two examples regarding tax exemption when selling a car. So, you bought a five-door car with all-wheel drive for half a million. Then they unexpectedly decided to replace the iron horse with a stronger model and sold it at a price that was 50 thousand less than the previous one. As you can see, not only did you not receive income, but you also lost a certain amount, therefore the sale of vehicles will not be taxed.

Let's move on to consider the second example. You purchased a five-door car for 500 thousand, drove it for 38 months and decided to sell it, and not just, but for 150 thousand more. It would seem that the income is obvious, which means that payment is inevitable. A fundamentally wrong approach. Since the ownership lasted for more than three years, you have every right to remove the obligation to pay royalties, since you are not trying to profit from its sale through financial fraud.

As you can see, the second example describes perhaps the most advantageous situation for a motorist. There are many advantages of three-year ownership:

• low loss of value;
• low wear;
• possibility of implementation at a higher price;
• getting rid of payments on the resulting income.

Of course, circumstances vary and it is not always possible to complete the implementation process in an ideal way, but keep in mind that you will not be able to deceive the state, and you will either lose money or fulfill one of the required conditions.

Tax on the sale of a car less than three years old: deduction and reduction of the principal amount

If you have owned your car for less than three years and decide to sell it to buy a new model, because of an urgent need to get money to solve serious family problems, or to achieve any other purpose, you are entitled to receive a deduction as a result of the good faith performance of the taxpayer's duty - when paying taxes . The Tax Code of the Russian Federation contains comprehensive information regarding the tax deduction and the conditions for obtaining it, as well as the features and nuances accompanying the process.

So, let's consider possible payment options, according to various situations regarding the sale of a car.

1. At a price less than or equal to 250 thousand, no tax is paid; accordingly, a deduction is also not obtained and an application for it is not submitted.
2. When selling a car for more than the specified value threshold, tax is paid on the excess amount.

Example 1. The owner sells the car in the second year of use. Its cost reaches 700,000. It turns out that the part of the income received by the owner of the car and subject to tax is 700,000-250,000 = 450,000 rubles.

Tax is calculated on the amount received. We multiply 450,000 by the rate (13%) and get 58.5 thousand units of Russian currency.

Example 2. You purchased a car for 250,000, and in the second year of use you sell it for 200,000. It turns out that taxable income is zero, therefore, the tax itself is zero rubles.

Note. The condition with a property tax deduction amounting to 250,000 rubles must apply to all cars sold by one owner during the year. It turns out that if not one, but three cars were sold, you can take advantage of the property deduction not in the amount of 750,000, but still only 250,000. This amount cannot be increased.

Example 3. You are a wealthy citizen and have a substantial vehicle fleet. Having decided to sell boring items, you sell them one after another, for 150, 200 and 250 thousand units of Russian currency. Each of the cars was purchased less than 36 months ago, therefore, the transactions are subject to tax.

To calculate the taxable amount, you need to add up the costs of all cars and subtract 250 thousand rubles from the resulting figure. It turns out the following: 150+200+250 = 600; 600-250 = 350 thousand rubles - the basis for calculating the tax deduction. Its amount will be 350x13% = 45.5 thousand.

If you decide to wait and sell the cars one by one, for example, starting in 2015 and ending in 2017, you will not pay a penny, because each vehicle will be eligible for a tax deduction waiver for the reasons we discussed above.

Example 4. In 2015, a car was sold for 260 thousand. In 2016, the car was sold for 290,000. Both were owned for less than three years. It turns out that in 2015 you will pay tax on the following amount: 260,000-250,000=10,000, and in 2016: 290,000-250,000=40,000, that is, alternately 1300 and 5200.

There is another legal way to reduce the amount serving as the tax base. This is done by reducing the income received with the help of expenses incurred earlier and related to the purchase of this car. Of course, this opportunity comes at the expense of the first method, that is, deducting 250 thousand from the amount and a little more for expenses will not work.

Expenses must have documentary evidence in order to officially affect an individual’s income from the sale of property during the procedure for determining a tax deduction. The following are suitable confirmations:

• contracts;
• receipts;
• checks;
• receipts;
• payment orders, etc.

Note! Avoid the temptation to deceive the authorities, because all submitted tax documents are carefully checked. Particular attention should be paid to the agreement on concluding a sale transaction and separately on payment for the purchase. If one of them is not provided or contains information considered illegal, the car owner will face troubles, which, at best, represent a polite refusal to include expenses in the tax calculation.

Having confirmed the expenses incurred, you will pay tax on the car from the difference obtained by deducting the amount of expenses from income when income exceeds expenses. A tax deduction is made from the remaining amount.

And if the expenses exceed the income received, then the taxpayer is exempt from paying taxes this time.

Example 5. Two years ago you purchased a car that you decided to sell today. Its market price was 800,000 rubles. You are required to pay tax to the state on this amount. However, there are documents confirming the costs of the desired vehicle in the amount of 650,000 rubles, therefore the taxable income is equal to: 800,000-650,000 = 150,000 thousand units of Russian ruble. 13% of 150,000 will amount to 19.5 thousand rubles, which will have to be paid to the state.

Example 6. You are selling a car at a price of 280,000, and the cost of purchasing it initially amounted to a total of 310,000, it turns out that there is nothing to calculate the tax from, because the amount of income does not exceed the amount of expenses.

Keep in mind that you cannot count the costs of purchasing the next car among the costs of purchasing a car being sold; Russian citizens do not have such a right. You will be able to receive compensation for what you spent only if you sell your newly purchased car.

It is also prohibited to add up expenses from the purchase of several sold cars; the indicator will be calculated for each separately, without extending the effect to the remaining items.

Example 7. The owner is selling two cars that he has owned for less than 36 months. One car is sold for 400 thousand, the other for 500. Without using a deduction, the owner decides to reduce the amount received as a result of the sale of the car by taking into account the funds spent on it during the purchase. For the first car the costs were 450 thousand, for the second 200.

Let us calculate the resulting income base and the amount of tax. For the first car, the income was 400 thousand - 450 thousand. Since it is impossible to substitute 50 thousand as an example, we consider the result as 0 rubles, therefore, the tax will be zero. For the second car, the calculation is as follows: 500 thousand – 200 thousand = 300 thousand. It is this amount that is taxed as income for both cars. In total, the owner will have to pay 39 thousand.

Do I need to submit a declaration when selling a car?

To receive a deduction after paying money to the state after selling a car, its former owner must correctly fill out a form for the tax service marked 3-NDFL, which is a declaration. It must be submitted to the inspection from January 1 to April 30 of the year following the year in which a vehicle owned by a citizen is sold for less than the period specified in the law - 36 months, that is, three full years.

Reporting to the tax authorities using this form is very simple, however, it must be taken into account that in 2017 the paper is checked by computer systems, therefore, the form must be filled out according to the rules and carefully. Otherwise, there is a possibility that your deduction request will be rejected.

The following information must be filled out in the declaration:

• surname, first name, patronymic;
• data of the citizen’s main document (series, number, by whom and when issued);
• amount of revenue;
• source of income (person purchasing a car).

When filling out information about the source of income, who is also an individual, you indicate only his last name, first name and patronymic; the remaining columns can be left blank, since the buyer himself is not subject to any taxes.

There are some requirements regarding filling out information about the declarant. For example, letters must be written in printed form, and also with a black pen. Carefully study the set of rules on the tax website, or better yet, personally consult with a tax specialist.

To fill out each detail of interest to the tax service, special sections of the form are provided. The car owner has the right to apply for a deduction using this declaration online, without appearing at the tax office. However, it is best to do this in the traditional way: by visiting in person with paper copies of the necessary documents.

By the way, you can fill out the form on a computer. However, after filling out, you will have to print out the paper and sign on each sheet, putting the date of completion. As you can see, the procedure is not at all complicated. The main task is to reflect the income received.

There are various free and paid services on the Internet with which you can fill out a form to receive a tax deduction, receiving prompts from an automated system. Before you start working with them, you need to pay attention to the need to prepare such data as:

• passport details;
• information about the completed transaction, etc.

Note! The 2017 tax return form will be approved for use only at the end of the year, so the 2016 sample form is now being submitted directly.

After completing the declaration, submit it to the tax authority at your place of registration. The best way to do this is in the following two ways:

• send by a valuable letter with a description of the attachment;
• bring it to the tax office in person.

In addition, when submitting the declaration, it should be supplemented with official papers from the following list:

• car purchase and sale agreement;
• payment documents (to confirm receipt of payment);
• certificate-invoice from the traffic police.

If any documents related to the transaction are lost, you can always obtain a certificate from the traffic police containing the information you need. The confirmation received from this service will also be equivalent to the lost documents.

If you indicated less income subject to taxation in the certificate, as a result of deducting expenses for improving the condition of the car from the money received, you must attach supporting documents to your application. For example:

• cash receipts;
• receipts;
• receipts, etc.

Deadlines for filing a declaration

If the transaction was completed in the current year, for example, 2017, then the declaration must be submitted at the beginning of the next year, that is, 2018 has not yet begun. It does not matter in what part of 2017 the transaction was carried out. Even if it took place on December 29, it is strictly not recommended to delay filing the declaration. According to legislative acts, the deadline for submitting a document for processing by the tax service is April 30 of the following year after the year of the transaction. That is, if the car was sold in 2017, no later than April 30, 2018, you must submit the document to the tax office.

An interesting tip: favorable months for filing a declaration are the last winter month - February, and the first spring month - March. The fact is that at this time there are almost no queues at the tax service, since in the modern rhythm of life people constantly postpone things until later and line up in kilometer-long streams at the end of April.

Negative consequences of failure to submit a declaration statement

If the declaration is not submitted by April 30 of the year following the transaction year, the former owner of the car will be subject to legal sanctions stipulated by the Tax Code of the Russian Federation. According to the provisions described therein, the seller of the vehicle is subject to a fine.

The amount of the fine depends on the amount of unpaid tax and is calculated at 5% of its “body”.

Note! The fine is calculated according to the penalty scheme, that is, every month another 5% is added to the main unpaid amount, however, having reached the 30% mark, the accrual of penalties stops, and the tax inspector and other government representatives begin to pester the car seller. According to statistics, the registered minimum amount of penalties was one thousand rubles.

What documents are needed to complete the declaration?

To fill out the fields inside the declaration form, you must have the following documents with you.

1. A certificate taken from the accounting department at work containing information about the income of an individual. It contains information about the financial income received by the citizen for the year preceding the moment of receipt of the document. If contributions to the state are withheld by the employer, then this does not need to be reflected.
2. An agreement concluded with the buyer of a car, containing information about the transaction and its details.
3. An agreement previously concluded with the car seller from whom the car was purchased. It is usually:
   1. an individual;
   2. car dealership, etc.
4. The main document of a citizen of the Russian Federation.

Filling out the form

It is best to fill out the form using the assistant program located on the tax service website. You need to download it to your computer desktop and install it. When the installation is complete and a shortcut appears on the desktop, open the program with two mouse clicks and you will see an electronic form with free fields in front of you.

Filling out form 3-NDFL is the most important stage of the procedure

In the appropriate sections you will need to provide the following information.

1. What type of form is it? In our case, it is marked as 3-NDFL.
2. The number of the ground point of the tax service of the Russian Federation with which the car owner interacts regarding the tax write-off procedure. If you don’t remember or don’t know the number, use a special service that will help you identify the inspection by entering data about the location of the department, that is, the exact address.
3. The attitude of the taxpayer to the category of individuals.
4. Last name, first name, patronymic of the taxpayer.
5. Day, month, year of his birth.
6. Individual taxpayer number.
7. Place of Birth;
8. Place of residence in Russia or another country, if the seller is not a resident of the country.
9. Citizenship;
10. Series, number, date and place of issue of the passport.
11. Cell or home phone number, as well as email.
12. Information about the completed transaction for the sale of the car, that is, the amount of income received.

The completed copy is printed and submitted to the tax office personally by the former car owner, by mail with a valuable letter, with an authorized representative (officially confirmed by a notary) or through the Unified Portal of State Services. To use it, in many cases you must have a verified electronic signature.

If the procedure for providing this paper is violated by the taxpayer, he will receive a fine of 1000 rubles, according to the Tax Code of the Russian Federation.

How to use the Unified Portal of State Services

The government services portal provides the opportunity to submit an online declaration containing information about the completed transaction for the sale of a car. This service is free. To use it, you need to declare the document to the tax office and supplement the application with a declaration filled out using the assistant program.

Inside the declaration, be sure to indicate a code identifying the tax authority with which the car owner works. This is necessary to correctly indicate the department that receives the declaration and processes it. The definition of details is available on the service website.

What’s nice is that the electronic portal allows you to track your application online. When submitted, it is assigned an individual number, which is sent to the applicant in a personal message through his personal account on the portal.

After the paper check is completed, the person will be invited to go to a specific department of the Federal Tax Service inspection to receive the document in paper form. It must be given to the inspector, also presenting the application number received in a personal message through the taxpayer’s account on the Unified Public Services Portal, confirming the preliminary submission of the document for processing in electronic form.

Payment of tax deductions

According to the time limits established by law, the seller of the vehicle must pay the tax deduction to the state treasury no later than mid-July of the year following the year the transaction was concluded.

To pay the calculated amount, you must have with you:

• citizen's main document;
• a declaration completed in accordance with the standards;
• individual taxpayer number;
• vehicle passport;
• agreement on a transaction for the sale of a car;
• payment document confirming receipt of money.

Having provided the above papers, you will receive a receipt with the amount of tax paid, which must be brought to the bank and paid. Keep in mind that not all banks provide this service, so check in advance at the ground-based offices of credit institutions to see if it is possible to make tax payments.

Let's sum it up

As you can see, when selling a car, it is necessary to prepare not only the vehicle, cleaning the interior and body, as well as eliminating minor defects, but also documents related to the transaction for selling the car. To avoid getting into trouble, you must strictly follow some rules.

Table 1. Selling tips

Advice	Explanation
From the moment you purchase the car, keep the originals of all documents related to it.	This means: a contract for the purchase of a vehicle concluded with the previous owner, as well as accompanying documents that record the income received and expenses incurred related to the transaction.
If there is no goal to sell the car as quickly as possible, it is best to wait until the three-year period for using it has expired.	It must be remembered that three years are calculated literally as 36 months. A week or even a day less and you will not get rid of the obligation to pay tax, as well as the need to submit a declaration, which in itself takes a lot of time and effort, not to mention lost profits.

Selling a car is not as easy a process as it seems at first glance. Income received as a result is taxed according to a complex scheme, and in order to understand it and try to avoid monetary contributions to the state, it is necessary to study all the nuances described in the article.

If you cannot avoid payments, concentrate on filling out the declaration and preparing the necessary documents in order to submit it to the tax service on time and pay the accrued tax. Otherwise, you will also have to pay a fine to the state, 5% for each month of delay.

We wish every car owner good luck in their endeavors and hope that the article was useful.

Every car owner is faced with the situation of having to sell an old car and purchase a new one. There are many reasons why a car owner decided to part with his old car, but we will not dwell on them in detail. Not everyone knows that some property sales are subject to tax, this also applies to the sale of a car.

The amount of tax on car sales depends on various factors, which will be discussed in this article. We will also consider the situation when you do not have to pay income tax on the sale of a car.

In what cases will it be possible to avoid the tax burden when selling a car?

Income tax, also known as personal income tax, is currently 13%. Let's look at several situations where you won't have to pay personal income tax after selling a car.

1. Long-term car ownership. Art. 217 of the Tax Code of the Russian Federation indicates income that is not subject to taxation. Let us turn to clause 17.1 of Art. 217, which states that income received by individuals who are residents of the Russian Federation from the sale of property owned by the taxpayer for more than three years(with the exception of real estate - there are some nuances in the timing), are not subject to taxation.From this we conclude that If you have owned the car for more than three years and decide to part with it, no income tax will be paid on the transaction. In addition, this is the only case in which there is no obligation to file a tax return.

2. Lack of income. If a citizen purchased a car for 500 thousand rubles and sells it for 450 thousand rubles, in this case there is also no need to pay tax on the sale of the car. This rule follows from the fact that the car owner did not receive any profit from this transaction. However, in this case you will have to submit a tax return and documents confirming the purchase/sale of the car.

A declaration in form 3-NDFL is submitted to the tax authority at the place of residence. This can be done in three ways: come to the tax office in person; send over the Internet; send by mail. A tax return after selling a car must be submitted to the tax authority no later than April 30 of the following year, regardless of whether the obligation to pay income tax arises or not. If a tax return was not submitted to the tax authority due to ignorance of the law or due to evasion of compliance with this provision of the law, then a fine in the form of a fine may be applied to this person, this is evidenced by Art. 119 of the Tax Code of the Russian Federation. Failure to submit a tax return to the tax office within the prescribed period entails the imposition of a fine on the citizen in the amount of 5% of the amount payable for a given tax period for each full and partial month, but not less than one hundred rubles. If the declaration is not submitted for more than 180 days, then the person is obliged to pay a fine in the amount of 30% of the amount payable for the given tax period. In addition to filing the declaration, the seller must pay the income tax itself; this can be done either immediately after the sale of the car or after filing a tax return, but no later than July 15 of the current year.

What to do if the necessary documents are lost or the car is sold for more than it was purchased for?

Tax deduction - a way out of the situation

A citizen has the right to receive a tax deduction if he was unable to avoid taxation under one of the above options. Art. 220 of the Tax Code indicates that there is the possibility of a tax deduction from the sale of property. If you sell a car that you have owned for less than three years, then you have the right to receive a tax deduction in the amount of 250 thousand rubles. For example, a citizen sold a car that he had owned for less than three years for 600 thousand rubles. In this case, personal income tax will be 600 * 0.13 = 78 thousand rubles. If we apply a tax deduction, we will get (600-250)*0.13=45.5 tr. We can conclude that by selling a car using a tax deduction, you can save a considerable amount of money. But it must be remembered that a citizen must independently apply to the tax authority to provide a tax deduction, since the tax office is not obliged to provide tax deductions itself. The specified tax deduction is provided for a total amount of 250 tr. per calendar year, even if you sell several cars.

A legitimate question arises: “what if the contract indicates an amount of no more than 250 thousand rubles, even if the vehicle is actually sold at a higher price?”

1. If, during the registration of the car with the traffic police, it turns out that it has been stolen, or, for example, the numbers of the units in the passport do not correspond to those stamped on the units themselves (the former owner did not document the replacement of the engine), registration will be refused. In this case, the buyer has the right to make claims against the seller only for the amount specified in the contract.
2. For example, the cost of a car is 1 million rubles, but the seller still persuaded us to write 250 rubles in the contract. After some time, the new owner decides to sell the car, but the buyer insists on indicating the real cost of 800 rubles. The tax amount for the selling party will be 71.5 tr.

Let's look at a few examples of calculating tax on car sales:

• You purchased a car in 2018 for 300 thousand rubles and are going to sell it in 2019 for 350 thousand rubles. The tax base in this case is equal to 50 thousand rubles (350-300). Income tax in the example considered will be 50 * 0.13 = 6.5 thousand rubles.
• You purchased a car in 2018 for 230 thousand rubles and are going to sell it for 240 thousand rubles. The tax base in this case will be zero (240-250). This example shows that if the amount of income from the sale of a car is less than 250 thousand rubles, then there is no need to pay tax on the sale of the car.
• You bought a car for 600 thousand rubles, and a year later you sell it for 500 thousand rubles. In this case, several options are possible:

1) You will not pay personal income tax when selling a car if you provide the tax office with documents confirming the amount of costs. To do this, you must submit an application along with the declaration and provide documents confirming the costs of purchasing the car. These documents include: civil contracts - purchase and sale and others (a purchase and sale agreement must be present, since it allows you to establish the rights and obligations of the parties, the affiliation of payment documents to the transaction, its amount, etc.); payment documents (cash and sales receipts, cash receipt orders, receipts, payment orders, bank statements, etc.).

2) You will pay tax if you cannot provide documentary evidence of the purchase costs incurred. If we apply a tax deduction to the situation under consideration, then the taxable base will be 250 thousand rubles. The amount of tax on the sale of a car in this case will be 250 * 0.13 = 32.5 thousand rubles.

• You bought a car in January 2016 for 600 thousand rubles and sold it in April 2019 for 650 thousand rubles. In this situation, you do not need to pay any income tax to the tax office, since you have owned the car for more than three years and are exempt from taxation.

Based on the examples discussed, you can now independently calculate the amount of tax on the sale of a car if you encounter such a situation.

Be sure to keep your car purchase documents, as you may need them in the future if you decide to sell the car and avoid taxes.

If your thoughts are pure and you are sure that the buyer will not have problems registering the car, try to negotiate with him to indicate a reduced transaction amount, within the amount of the tax deduction. This will help you completely avoid tax on car sales. If you are on the buyer’s side in this situation, it would be useful to play it safe - take a receipt from the seller confirming that he has received the money. The receipt must indicate the surname, first name, patronymic of the parties, passport data, the amount received by the seller and the subject of the transaction itself - the technical data of the car.

If you are going to sell a car, and you have owned it for about three years, wait until you have owned it for three years. This will help you avoid many problems, such as paying taxes and filing a tax return with the tax office.

Any individual must pay tax, in accordance with current legislation, on all income received from the sale of a car.

What you need to know when selling a vehicle

In this situation, payment of personal income tax and calculation of its amount will depend on several factors:

• period of ownership of the property;
• transaction amount;
• income received.

Note! When purchasing, the period of ownership of the car is considered from the date of conclusion of the contract of sale or gift, and not from the date of registration of the vehicle with the State Traffic Safety Inspectorate (Article 223 of the Civil Code of the Russian Federation).

Tax on the sale of a car owned for more than 3 years

Example

Kulagin N.V. in March 2016 he bought a car for 934,000 rubles, in April 2019 he sold it for 951,500 rubles, regardless of the cost of purchase and sale, Kulagin N.V. completely freed from the need to pay taxes and report to the state.

Tax on the sale of a car owned for less than 3 years

If the sold car was owned by a citizen for less than 3 years, then he is obliged to pay a tax of 13% of the income received.

How to calculate income and tax?

According to the tax calculation, you can reduce your taxable income by the amount of expenses incurred when purchasing a car, i.e. the income on which you will need to pay tax is determined as the difference between your documented expenses for purchasing the car and the amount for which it was sold.

• Sale price – purchase price = income;
• (Sale price - purchase price) × 13% = tax.

Example

Ustinov K.E. in 2018 he bought a car for 790,000 rubles, and already in 2019 he sold it for 830,000 rubles. His income was 830,000 – 790,000 = 40,000 rubles. Because he owned the car for less than 3 years, he is obliged to pay tax, which will be 40,000 × 13% = 5,200 rubles.

Tax deduction when selling a car less than 3 years old

According to you, instead of reducing the tax, you have the right to use a tax deduction and reduce the amount of income by 250,000 rubles.

Example

Romanov I.F. in January 2019 he bought a car for 234,000 rubles, in February 2019 he sold it for 255,000 rubles, Romanov can take advantage of the deduction, in which case he needs to pay a tax in the amount of 255,000 - 250,000 × 13% = 650 rubles .

Please note that you cannot use two benefits at the same time.

• You reduce the income from the sale by the expenses incurred during the purchase;
• or deduct 250,000 rubles from the income from the sale.

The duty of a citizen is to submit a declaration to the tax service in Form 3-NDFL if he received income from the sale of a vehicle. He is released from this obligation only if the period of ownership of the sold car is more than 3 years.

In all other cases, he is required to submit a tax return, even when the tax deduction is RUB 250,000. when selling the car, I covered the entire amount of income.

The declaration is submitted in the year immediately following the transaction, no later than April 30, this includes income that an individual received during the specified period and from which tax was not withheld, tax deductions for the sale of a car, or documents that confirm the costs of purchasing a vehicle are attached. .

If the owner cannot confirm the expenses incurred when purchasing a car, has lost documents or inherited it, then the amount of the tax base can only be reduced by a deduction of 250,000 rubles.

Examples of calculating deductions

Example 1

Alexandrov N.K. I bought the car in 2005 and sold it in 2015. Accordingly, it belonged to him for 10 years, which exceeds the threshold of 3 years. And therefore, regardless of the volume of the transaction and the receipt of income, Alexandrov N.K. exempted not only from the obligation to pay tax in the amount of 13%, but also from submitting a declaration in form 3-NDFL.

Example 2

Novikov A.I. sold in 2019 a car purchased in 2018 for RUB 238,000. When purchasing it, he paid 330,000 rubles for it. Since the value is less than RUB 250,000, no tax will be charged, but a tax return will have to be submitted.

Example 3

Maksimenkov A.N. I bought a car in 2017 for 710,000 rubles, and sold it in 2019 for 550,300 rubles. In this situation, he is exempt from paying 13%, since no income was received; on the contrary, the seller suffered losses: 550,000 -700,000 = - 150,000 rubles, but a 3-NDFL declaration will have to be filed.

Example 4

In June 2018, Demin A.I. sold a car purchased in January of the same year for 850,350 rubles, the income from the sale amounted to 1,100,000 rubles. In this case, the taxable amount will be: 1,100,000 – 850,350 = 249,650 rubles, and the tax directly payable will be equal to 32,455 rubles. Accordingly, the 3-NDFL declaration must be drawn up.

Example 5

Osipov S.F. received a car under a will in 2019, and immediately decided to sell it for 400,000 rubles. Since he did not incur costs when purchasing the car, the entire amount specified in the contract will be income, but Osipov S.F. you can take advantage of the tax deduction and then the tax base will be: 400,000 – 250,000 = 150,000 rubles, and the tax amount is 19,500 rubles. Declaration 3-NDFL is submitted.

Thus, the amount of tax that is levied in case of income from transactions with vehicles will depend on the period of ownership and cost. The seller can also use a property deduction when selling a car and reduce the tax base.