T
taurus042176
Guest
What is the name of your state? Florida
I would like to know the stipulations of taxes on winning prizes or money. If I were to win a car, could I sell it to pay the tax or is there a set time I can pay it in? Could I get a loan on the vehicle to pay for the tax? Thank you for your time.
FYI- I am also in the military and the prize comes from a sweepstakes run by and for the military.
I would like to know the stipulations of taxes on winning prizes or money. If I were to win a car, could I sell it to pay the tax or is there a set time I can pay it in? Could I get a loan on the vehicle to pay for the tax? Thank you for your time.
FYI- I am also in the military and the prize comes from a sweepstakes run by and for the military.