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Thread: Car chase ends in crash, victim in crash given new vehicle by local dealership

  1. #1
    Regular Member stealthyeliminator's Avatar
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    Car chase ends in crash, victim in crash given new vehicle by local dealership

    Advocate freedom please

  2. #2
    Campaign Veteran skidmark's Avatar
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    Nice.

    But I want to see her face when the IRS hits her up for taxes on the $35,000 additional income and the state hits her up for taxes on the value of the car.

    Bet the dealersip never considered that, or that they could have sold the car to her at a reduced price to limit her federal and state tax liability.

    No good deed goes unpunished.

    stay safe.
    "He'll regret it to his dying day....if ever he lives that long."----The Quiet Man

    Because stupidity isn't a race, and everybody can win.

    "No matter how much contempt you have for the media in all this, you don't have enough"
    ----Allahpundit

  3. #3
    Banned
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    Gift tax is usually paid by the giftor. Or so says the IRS ... you can call them and see how long a wait ya get 18008291040 ... the gift will be is that you'll be dead before they answer

    http://www.irs.gov/Businesses/Small-...n-Gift-Taxes#1
    Last edited by davidmcbeth; 02-13-2015 at 08:53 AM.

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