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I just won a $37000 car, what taxes can I expect to pay and how much?

admin — Thu, 11 Mar 2010 19:48:00 +0000

I live in iowa and won the car in a raffle.

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Where can I post a car raffle online?

admin — Thu, 11 Mar 2010 08:04:07 +0000

I am part of a non-profit organization and we have a 2008 Mercedes Benz to auction off to raise funds for our cause (education/public schools). I have done the typical press releases in the local papers but I wanted to also do something online - I tried craiglist but you can't post raffles their site. Does anyone know where I can post information about this without getting flagged for deletion? I have it posted on our website www.kindfaitheducationfoundation.org but unless someone knows where to go to see it they wont find it. Any ideas would be appreciated greatly. Thanks.

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If I won a car in a raffle will have to pay the sales tax twice?

admin — Wed, 10 Mar 2010 19:50:29 +0000

I live in California and I just won a new car in a raffle. The car is currently registered to the supermarket that is giving it away. They are requesting that I issue a check to the market for the sales tax and the registration fee that they have already paid for when they bought the car. When they transfer the title to me (they're the one doing the paper work) will I have to pay the sales tax to the DMV for the car again? I know I'm going to have to claim it as an income on my annual tax return.

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If I win a car in a raffle and tax and license are included…?

admin — Wed, 10 Mar 2010 08:31:30 +0000

do I have to claim this on my taxes?

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admin — Tue, 09 Mar 2010 20:51:04 +0000

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