a $4,000 computer in the state of New York. The website says if you want the computer you would have to pay state taxes
its from a reliable site
2007-10-23 10:42:27 · 2 answers · asked by y 2 in Business & Finance ➔ Other - Business & Finance
I posted this question yesterday but the answers were retarded like rick b's plus I double post questions because i want more variety
2007-10-23 11:17:52 · update #1
I am pretty sure that you have to declare the value of the prize as income. It would then depend on your tax bracket as to how much tax you would have to pay. Here in California, that could be anywhere from 2% to 9% for state income tax (and federal tax should be considered, also)
2007-10-23 12:17:12 · answer #1 · answered by F. Frederick Skitty 7 · 0⤊ 0⤋
You asked this yesterday and got answers. Did you bother to read them?
Why are you so certain you will win this? You are probably one of 500,000 people entering or more.
As stated, it will be whatever the tax is in your state. Probably $50 to $100.
Stop posting the same questions. Get back to us AFTER you win.
2007-10-23 10:46:39 · answer #2 · answered by Anonymous · 0⤊ 1⤋