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2015+ Shelby GT350 Mustang
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<blockquote data-quote="DAVESVT2000" data-source="post: 15413309" data-attributes="member: 3099"><p>I won my 2000R back in 2001. Ticket was $50, car was valued at $60,000</p><p></p><p>I had to pay $17,000 in federal income tax and $4500 in state income tax, the IRS considers it as if I was given a check or earned $60,000, I had to pay income tax on it. </p><p></p><p>At least I look at it as a got a 2000R for $21,500. Not a bad deal.</p></blockquote><p></p>
[QUOTE="DAVESVT2000, post: 15413309, member: 3099"] I won my 2000R back in 2001. Ticket was $50, car was valued at $60,000 I had to pay $17,000 in federal income tax and $4500 in state income tax, the IRS considers it as if I was given a check or earned $60,000, I had to pay income tax on it. At least I look at it as a got a 2000R for $21,500. Not a bad deal. [/QUOTE]
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