Do I Have To Pay Taxes On The Sale Of A Personal Domain Name?

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Yes, you have to pay taxes on the gain. You can deduct your basis (what you previously paid to acquire or maintain the domain name), but you do owe taxes on the profit. If you have owned this domain name for more than a year, you may treat this as a long-term capital gain, which will be subject to a lower tax rate.

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"Do I Have To Pay Taxes On The Sale Of A Personal Domain Name?" was posted on Sunday, December 6th, 2009 at 8:32 pm.

One Response to “Do I Have To Pay Taxes On The Sale Of A Personal Domain Name?”

just♪won(2009-12-06):

According the law, you have to pay taxes on *any* sale.