Quote:
Originally Posted by rolnslo
Congrats!
How did you get away with only paying $5k in taxes and fees? The IRS will usually hit you up for about 30% of the fair market value of the prize (or about $14,000 in your case).
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The $5,000 is the sales tax, license & registration fees. I have no idea what the IRS bill will be when I do my taxes next year! --You are probably right--about $14,000. lol Oh well...still cheaper than buying it.
