Story thread · 2 reports / 2 sources

The Corvette He Bought New in 1972 Sold for $95,000 at 76. The Buyer Called It a Classic. Medicare Called the Gain Income.

247wallst.com · 4d · first reportShare

Selling a car you bought new half a century ago feels like a victory lap, but one government agency sees the payday as something else entirely, and the bill arrives two years later when most people stop expecting it.