Short Term Capital Gains Tax Question

[Allfor5]

I'm a college student In Michigan who purchased a car from another student who went back to their home country. I got a good deal. Let's say $6,500 for the car. I am about to resell the car after 30-45 days and I can get $12,000 or so for the car. If I make a $4-$6k profit on the car, what kind of taxes am I liable for?

My yearly income will be and has been under $10k. My job is mainly on campus Work Study and non work study jobs.

 

[maarkr]

I think at worst it will fall into the 15% taxable. Can't remember the rules but you may not need to pay anything with that income.