Any tax accountants that know the taxes in illinois for the $1020 prize? I'm such a poor college student..

 

I never win anything.
THIS ROCKS

 

haha.. since we're throwin out myspace addresses:

http://www.myspace.com/jonathanr

just make sure ya mention this whole deal otherwise i'll assume it's spam ;)

 

I'm not a tax proffesional and you shouldn't consider this tax or legal advice, but I think how it would work is that you'd get some sort of tax form for the amount as income of some sort. If you're a poor college student and don't make enough to have to pay taxes, then this may not make a difference. I don't believe there's a direct bill involved, like you owe us X amount for that 1020. Just make sure to claim it on your taxes.

Someone please correct me if I'm wrong about this.

 

Right, usually you (and the IRS) just get a form 1099 at the end of the year showing the value of your winnings as income, and it is just figured into your taxes as if you made that much extra money.

Some of us don't make enough for a thousand dollars to make any difference at all, while those of us who make enough for it to have an effect should be able to cover the small change it makes (unless you are unlucky and it is just enough to bump you up a bracket...).

In any case, it is basicly handled just like stock dividends or savings account interest, gambling winnings, or any of those things you get 1099s for.

This is small enough amount that it shouldn't require any up-front "withholding," so it should just be figured into your income taxes, when you do them, as extra income.

(If this were a sizable amount - like you just won a $100,000 lottery or something, the IRS would want about 35% of that before you ever saw it, little things like this they usually don't sweat.)

Tomas <=== IANAL - IDEPOOTV *

* I Am Not A Lawyer - I Don't Even Play One On TV

 

any word on the correct dates of the event, accomodations, flight info etc?

 

Thank you both for your quick replies; I am much relieved. :smile:

 

Holy cow! Un-believable!

 

REPOST:

MySpace group for Miami Winners!

http://groups.myspace.com/ScionMiami

 

Anyone have any clue as to when they're going to announce the next batch of winners?
I'm keeping my fingers crossed that some people I know on here will get picked in the next set of big winners.

 

My area Scion rep said that Miami was probable going to be the new car prevue for next years models........bring your cameras

 

any info on dates, and has anyone heard back since sending in your paperwork?

 

i haven't heard anything yet, then again it's only monday.. and i sent mine in middle of last week priority usps

 

What do you mean "any info on dates"? Are you confused about the dates of the vacation?

 

when is the next drawing? i want to go check out the miami women =(

 

yea just a little was trying to get stuff situated at work didnt know if 14-16 or 15-17

 

registered, sent in forms.. miami bound

 

good idea! EVERYONE join this group then we can talk about it on there too lol. i have already gotten some random messages from people that are going hehe. my www link is my myspace page and for the guy who made up the mini survey....nicccce...here's mine:

have you won an all-expenses paid trip before? nope. this is my first but i did win a 42 inch plasma tv from a Scion event last month.....ahhh i <3 Scion.
fave drink? jager and cherry coke
been to miami? nope...a few other places in FL but not Miami.
fave music? everything.
Do you Dance? i LOVE to dance....so yes, i do...i'll be the sweaty girl on the dance floor cuz i get crazy.
Did your S.O. get mad that you couldn't bring him/her? don't have one but i wish i could bring a friend.
What kind of drunk am I? lol depends on how drunk i am. usually i'm giggly and super goofy and then i just pass the f out.

p.s. hi Darren.
-from the girl who is only allowed to be your friend after i meet you in Miami lmao .

 

Should be very, very soon. We like to make you sweat in anticipation!

 

OMG!!!!!!!!!!!!!!!!!!!!!!