Do you have to pay taxes if you sell your car to someone?

So if you get say 15,000 dollars from selling your car do you have to pay taxes on that?

Regardless of whether or not the car was used for business, you would have to pay income tax on the proceeds IF you had a gain on the sale. If you sold it for less than you paid for it then you would not be able to claim the loss.

Gains on personal property is taxable, losses are not deductible.

The payment of sales tax on the purchase has no bearing on the taxability on the sale. Source(s): 16 years experience as a tax professional and Enrolled Agent

No
no you paid the taxes when you bought it.
You do but only if you make a profit.
You already paid taxes when you purchased it, so no. However, the person buying the car from you has to pay taxes on it. This has to be done when you transfer the title.
If you used the car for personal purposes only you don't pay any taxes on selling it to someone. But if you did use the car for business purposes, then you would have a tax liability for the business use of the car. Hopefully that is not the case, but if it is feel free to add me as a contact and I can try and help you out in that regard.