Am I lucky or what…
#21
Join Date: Sep 2009
Location: The Internet (& Dyer, Indiana)
Posts: 7,580
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Yes, if you can take a cash option, take the money.
If you take the bike and sell it you are still going to pay income taxes on whatever the raffle people say is the bikes worth, probaly MSRP.
It won't matter if you sold it for less than that. At least with cas,h that is what you will pay income taxes on.
.................and yes you are a lucky bastard. That's the cleanest word I can think of right now. lol
If you take the bike and sell it you are still going to pay income taxes on whatever the raffle people say is the bikes worth, probaly MSRP.
It won't matter if you sold it for less than that. At least with cas,h that is what you will pay income taxes on.
.................and yes you are a lucky bastard. That's the cleanest word I can think of right now. lol
Take the bike.
You ain't just trolling for comments against softies, are ya?
#27
#29
[quote=Faast Ed;6383153]The cash figure will be much smaller than the bike sells for, then you STILL have to pay tax out of that money.
Take the bike.
I don’t know haw, but, they priced the bike, Fat Boy, for $29400,
When it’s actually cost $15999 + tax.
And if I choose the bike, I never get such money.
Take the bike.
I don’t know haw, but, they priced the bike, Fat Boy, for $29400,
When it’s actually cost $15999 + tax.
And if I choose the bike, I never get such money.
#30