Here's a free car. Now give me $7000.

[dohcvtec_accord]

Originally posted by smooth95@Oct 13 2004, 05:57 PM
thats bullcrap thats not wining if you have to pay the tax on them

[post=402345]Quoted post[/post]​

What do you call winning the lottery, then? You have to pay oodles of tax on the money you win.

Same goes for any game show on television. You win prizes, you pay tax on them.

 

[h22bubbleback]

Originally posted by reckedracing@Oct 13 2004, 10:33 AM
these vehicles weren't really won

they were gifts...

and these were not random people that went to see oprah, these were people deemed needy or special, so they were invited to this special show...

and oprah sucks ass anyway...
she should go eat a twinkie and stay out of everyone else's lives...
and take that fucktard dr. phil with her

[post=402093]Quoted post[/post]​

gifts are taxable?

i thought recieved gifts could not be taxed
:gunfight: IRS

 

[Citizen_Insane]

Only if they're under 10k, read the previous posts.

 

[jeffie7]

gifts are taxable?

i thought recieved gifts could not be taxed
:gunfight: IRS

[post=402424]Quoted post[/post]​

You're right IF the gift is to a family member

My dad can write his cars title over to me as a gift and I will not have to pay taxes, do inspection, or get new tags.

HOWEVER if he were to give that car to my cousin then he would have to pay full tax. have the car reinspected and buy new tags.

 

[Havok]

They should just sell the car, pocket the money, pay the tax and buy a Kia SUV or Hyundai sedan.