AtiRadeon1 wrote...
so then basicly i would have to pay if i get the hig hitters like the laptop
Yep.
AtiRadeon1 wrote...
so then basicly i would have to pay if i get the hig hitters like the laptop
AtiRadeon1 wrote...
fudge all that hard work when i have to pay taxes
does tax depend on income tax or sales tax?
Kyogissun wrote...
I'm still debating now on what to go for... Something nifty like one of those PC parts and shirt combos and say, give the shirt to my friend... Or try and win one of the prize packs...
HMMMMMM...
Modifié par makenzieshepard, 08 avril 2010 - 01:48 .
makenzieshepard wrote...
Kyogissun wrote...
I'm still debating now on what to go for... Something nifty like one of those PC parts and shirt combos and say, give the shirt to my friend... Or try and win one of the prize packs...
HMMMMMM...
1. Win Computer
2. Sell
3. Pay taxes
4. Buy yourself lunch, the computer part you wanted in the first place and a nice dress!
It' ain't rocket science people!
AtiRadeon1 wrote...
so then like 25%? dam
Mosesac wrote...
AtiRadeon1 wrote...
so then like 25%? dam
Your tax rate will be determined by the amount of income you have. Your tax rate should be 10% if you're a dependent and the only income you're concerned about having is from the winnings of this contest.
AtiRadeon1 wrote...
wait so then this contest wont be paying taxes right?
doent say in official rules
Modifié par Siradix, 08 avril 2010 - 03:00 .
From what I read in the rules that only applies to prizes that are worth over $600.Siradix wrote...
Don't forget, you also have to sign an Affidavit of Eligibility and Liability/Publicity Release. Which says that you will pay the taxes on the prize.
true, but it's only a small part of the prizes bioware's auctioning that will count towards taxes. if you win a poster pack, books, the jade empire packs you'll fall under the tax threshold. i think even the graphics card packs fall under the limit. it's mainly computers. and if you were going to get $1000 as a refund it just means your refund is smaller. it's not a huge deal for the most part. laws like this are in effect to avoid abuse of gift giving. people wanting to avoid taxes would just call everything under the sun a gift.Therigan wrote...
that sucks that you gotta pay taxes on something we're suppose to be getting for free....but heck all the game shows do it.