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Old 12-05-2016, 11:25 PM   #26
rolnslo
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Drives: 2011 2SS/RS SGM
Join Date: Mar 2008
Location: Houston, TX
Posts: 4,380
Quote:
Originally Posted by olblue75 View Post
No sales tax, i get a bill of for $0 dollars since its a sweepstakes but have to claim as income, already spoke RTM cordinator.
Just make sure that you get an "Affidavit of Nondealer Transfer of Motor Vehicle or Boat" form filled out by them as well. A $0 bill of sale isn't likely enough to avoid the TN use tax by itself. Without the other form also, they may use blue book to set an assessed value on the prize and calculate taxes due on that amount instead of $0.00.
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