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TFCT.....next ebay????
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[QUOTE]Originally posted by pharmdman: [QB] [QUOTE]Originally posted by Upside: [b]Some of you bring up a very interesting point. What are the tax ramifications of winning something big? Let's say you win a house for a dollar. Is that it? How do Federal and State taxes come into play? Anyone?[/b][/QUOTE] You bet they do!... Uncle Sam will be looking for you. You can be sure of that... it's just like winning the lottery, you're responsible for the taxes on the "income" you received. [/QB][/QUOTE]
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