Printable Form 5498 Simi Valley California 2024-2025

Printable Form 5498 Simi Valley California: What You Should Know

The Simi Valley Unified School District will only accept information about the used car sold, the vehicle identification number (VIN), name and address of the purchaser, and the title (or driver's license number with a California or state plate) of the vehicle, and make, model, color and weight of the motor vehicle. The information is collected to determine if the vehicle was in operable condition, and used under a valid license as a passenger car, motorcycles, or commercial or vocational vehicles with any type of commercial registration,  used for any activity that is not permitted under California law, or as a conveyance that has no registration, in violation of any other provision of law. Forms & Guides: California Automobile Association, CAA, CA, LLC Tax Form — California Automobile Association, CA, LLC California Used Car Sale Disclosure Information for Sales or Exchanges: Covered California Manufactures with Sales Less Than 100,000 or Exchanges — Disclosure of Sale or Exchange of Cars in Which: 1. The Car's VIN is No Longer on file with the manufacturer of the car at the time of the sale or exchange; or 2. The VIN of the car was no longer on file with the manufacturer at the time of sale or exchange. Covered California Manufactures with More Than 100,000 or Exchange Sales — Disclosure of Sale or Exchange of Cars in Which: 1. The Car's VIN is on file with the manufacturer of the car at the time of the sale or exchange; or 2. The owner of the car received the car at a dealership and then subsequently placed the car on a temporary loan or lease for a total of more than six business days as a direct result of having an agreement to purchase the vehicle at a later time after the sale/exchange. Disclosure and Record keeping Requirements for California Sales or Exchanges —  Form 1040X, California Sales or Exchanges with or without Sale — Disclosure and Record keeping Requirements Any person, including a consumer, may file a tax return. However, only the gross proceeds from the sale or exchange of a car in which at least a portion of the vehicle's VIN has been removed or is no longer on file with the manufacturer may be reported.

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