I'm a grand prize winner !!!!

[JujuFish]

Congratulations. That's pretty sweet.

 

[CPA]

Originally posted by: Geekbabe

Originally posted by: CPA

Originally posted by: jdini76

Originally posted by: AznMaverick
you're going to be paying for it at the end of the year when tax time comes up.

I am not sure on the amount, but you are given a limit on the amount of income gained by prizes, and awards without having to declare them for income tax.

uh, not exactly. Prizes over $600 must be reported on a 1099 MISC. But that doesn't mean the recipient should not be paying taxes for prizes under $600.

of course taxes will be paid.Howver I will not pay bloated ARV, I will research fair market value at the time I receive the prize and submit that info to IRS along with the adjusted ARV

no problem with that, and just to be clear I wasn't questioning your honest. Just trying to dispell an erroneous post.

BTW, I just registered at the site.

 

[GoingUp]

 

[Engineer]

Congrats Geekbabe!

 

[remagavon]

Originally posted by: talyn00

Originally posted by: Geekbabe

Originally posted by: swtethan
where do you win these things?

here's the forum I belong to, it's a great community and the software they offer to keep track of your sweeps, I'm a subscribing member and have really started winning big since I went premium.

sweeps board

what you get as a subscribing member as opposed to a free member?

I want to know too.

 

[lrad50]

congrats!

 

[RossMAN]

Congrats

 

[Geekbabe]

Originally posted by: CPA

Originally posted by: Geekbabe

Originally posted by: CPA

Originally posted by: jdini76

Originally posted by: AznMaverick
you're going to be paying for it at the end of the year when tax time comes up.

I am not sure on the amount, but you are given a limit on the amount of income gained by prizes, and awards without having to declare them for income tax.

uh, not exactly. Prizes over $600 must be reported on a 1099 MISC. But that doesn't mean the recipient should not be paying taxes for prizes under $600.

I'm shoppinqueen over there lol, lemmie start a thread welcoming ATOT'ers

of course taxes will be paid.Howver I will not pay bloated ARV, I will research fair market value at the time I receive the prize and submit that info to IRS along with the adjusted ARV

no problem with that, and just to be clear I wasn't questioning your honest. Just trying to dispell an erroneous post.

BTW, I just registered at the site.

I just started a thread over there welcoming ATOT'ers

 

[UpgradeFailure]

Originally posted by: remagavon

Originally posted by: talyn00

Originally posted by: Geekbabe

Originally posted by: swtethan
where do you win these things?

here's the forum I belong to, it's a great community and the software they offer to keep track of your sweeps, I'm a subscribing member and have really started winning big since I went premium.

sweeps board

what you get as a subscribing member as opposed to a free member?

I want to know too.

Me too
And congrats!

 

[anata]

Congratulations. :thumbsup:

I recently won a contest from ATI for an 1800XT, tv tuner, func mousepad, and 8 computer games. Plus, I'm Canadian so no taxes.

 

[Brainonska511]

Congrats :beer: