Video Asylum

Can't find it-gotta link?

208.176.105.98

Jack G

In Reply to: RE: There is another one for HD DVD... posted by oscar on January 16, 2008 at 08:27:16

Winning value is about $3K. Weeee.
Jack

Follow Ups:

RE: Can't find it-gotta link? - oscar 09:52:11 01/16/08 (7)
$3000 giveaway = $1500 Gift tax. for player and 100 titles on a format with an uncertain future...
- HD DVD Giveaway (Open in New Window)
- 50%? OUCH! (nt) - Jack G 10:14:12 01/16/08 (6)
  .
  - He must be mistaken, Jack; I can't imagine anyone accepting a prize with that kind of tax attached. (nt) - Audiophilander 10:21:01 01/16/08 (5)
    (nt)
    - Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. - oscar 13:09:35 01/16/08 (4)
      At the very least, you might have to report it as income...
      - There is an exemption for gifts valued less than $12,000 (nt) - racerguy 14:27:59 01/16/08 (0)
        
        In Reply to: RE: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. posted by oscar on January 16, 2008 at 13:09:35
        
        .
      - RE: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. - Jack G 13:42:03 01/16/08 (2)
        
        In Reply to: RE: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. posted by oscar on January 16, 2008 at 13:09:35
        
        I just figured it was considered income. I don't really know, since I never win anything.
        Jack
        
        Maybe it's the multimillion dollar lotteries which puts you in the 50% tax bracket. - oscar 14:05:00 01/16/08 (1)
        
        In Reply to: RE: Actually, I have no idea,,, but I thought there was a stiff tax if you win anything. posted by Jack G on January 16, 2008 at 13:42:03
        
        I've never won anything either.... well maybe a free dinner for the "privilege" (?) of listening to a Time Share resort sales pitch.
        
        Yep, that's the ticket (pun intended)! ;0) - Audiophilander 11:08:39 01/17/08 (0)
        
        In Reply to: RE: Maybe it's the multimillion dollar lotteries which puts you in the 50% tax bracket. posted by oscar on January 16, 2008 at 14:05:00
        
        (nt)

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