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Assuming that the dealer gives Bernie the listed trade-in price for his. Sales tax in Bernies state is 740 and he will be responsible for a 795 vehicle registration fee and a 110 documentation fee.
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Bernie plans to trade in his existing car a 1999 Buick Riviera in good condition and finance the rest of the cost for five years at an interest rate of 1277 compounded monthly.
. Third-party sick pay is reported on Form 8922 if the liability for the employer part of social security tax and Medicare tax has been shifted by the third party or insurer paying the sick pay to the employer for whom services are normally rendered. Whether the third party or employer reports the sick pay on Form 8922 depends on which entity is filing Forms W-2 reporting the sick pay.
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