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Old 08-09-2007, 11:23 AM
Dranoel Dranoel is offline
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Join Date: Feb 2007
Location: Las Vegas
Posts: 356
Default Re: Are you F#%^&ng kidding me!!!!!!! Super Beat for some dude.

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I'm not a tax expert, but I'm pretty sure he wouldn't pay taxes on it until when and if he sells it.

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I think the IRS sees a different viewpoint.

If you win a car on a game show- do you pay taxes on it when you sell it? Nope. Tangible assets = taxed right then.
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