Re: I Won GUNS Magazine's Gun Of the Month! LMT .308
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LazerSnipe</div><div class="ubbcode-body">Wow...Thanks for reminding me that there are so few that are worth warning about sorry sociopath cocksuckers, because that's your home group. It surprises me that so many of you Poor Depraved Macho Studs are so happy eating someone's second rate shit. But you make this a second rate country so why not, it fits. Judging by the number of posts that most of you Hyena's have totaled, this is what you live for, you don't have any real friends so you have to do something. As for you mentally challenged types , it is not FREE, I will pay $1300 or more according to Turbo Tax depending on the tax rate changes this year. For a little more any of you could get this set up from GunBroker, but not if you had to pay for it, right because it's FREE. You're right what could I have to complain about, if I don't pay my taxes It's FREE. Now let loose the Hyena's to wail some more, that should make you happy....see, we all win! IT's FREE!!! I am now so happy I won this and you didn't. </div></div>
Is sales tax in your state way over 10%? Here in my state it's just under 10% and that's basically what the excise tax rate is. If it's just excise tax that would make it $520. If winnings are not done that way, than they would only probably add to your net income. I guess that's how you get $1300. Really though you should find the fair market value of the item and use that for your winning amount. Just save that info and you should be fine.
Your post should have read something like this. "Boy I hate the IRS, They're really raping me on my newly acquired prize. It wouldn't be so bad, but the prize is in used condition so valuing it at like new MSRP seems absurd. Is there any suggestions as to how I can get paying this tax down a bit. Something more in line with the item I received? Maybe the value of a used version of this rifle selling on gunbroker? Thanks! Oh yeah, here's pics!"