I just got a letter stating that I am being audited due to the fact that I didn’t pay enough tax on an old vehicle of mine when I registered it due to the value and so forth.
Has anyone got this before? Do they send a letter to the seller as well?
What if I don’t own the car anymore, how do I provide documentation?
Just out of curiousity…What did you put for condition of vehicle on the Bill of Sale form?
Never been audited…never paid more than $500 for a car. I always mark fair or poor
WOW…You are right… I am looking at one now…There used to be a spot where you marked the condiotion of vehicle…Now I see a line on there that I have never seen before under Section 5. #5 says Is the amount on line 1d lower than fair market value(line 1d being the amount paid for said vehicle). Thats a new change to me. Granted I haven’t had to fill out any BOS in a while…I used to do it on a daily basis for a former employer. I assume that they replaced the condition part with this line.
if the seller fills out you paid xx$ for it and you are claiming the same then there isnt much they can do. but if he says one thing and you say another they could get you for fraud and tax evasion if they so choose to.