txdon
Super Star Member
the fine print says the winner will have to pay the taxes on it, since the IRS, and possibly States consider this an income!.:thumbdown: it'll be over $5000 in taxes, to me, it's not worth it!.. many contests will pay the taxes, but not this one!..
Manufacturer’s Suggested Retail Price [“MSRP”] value $18,853.00.
$4, 713 my cost after taxes.
I think I can get that much enjoyment out of it. But if it's just going to gather dust in your barn definitely do not enter. Remember you are prohibited from selling it for a year but you can sell it in April 2020 in time to pay the tax on it.