# Tax question on a car **URL:** \ **Category:** PittSpeed Off Topic\ **Created:** [March 6, 2008, 3:42pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947 "2008-03-06T15:42:04Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 6, 2008, 3:42pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/1 "2008-03-06T15:42:04Z")
Lets say I win a car that has the value of about $16,500. I know I will be getting a 1099 for my income taxes on the car. Will I also be liable for the sales tax on the car? I know we have alot of people with great tax knowledge on here. ---
**Author:** ![cmross13](https://avatars.discourse-cdn.com/v4/letter/c/a6a055/32.png) [@cmross13](https://forums.speedlife.net/u/cmross13)\ **Post date:** [March 6, 2008, 5:32pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/2 "2008-03-06T17:32:10Z")
you will be liable for the sales tax on the car when you accept it. ---
**Author:** ![beat90tsi](https://avatars.discourse-cdn.com/v4/letter/b/43a26b/32.png) [@beat90tsi](https://forums.speedlife.net/u/beat90tsi)\ **Post date:** [March 6, 2008, 6:11pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/3 "2008-03-06T18:11:02Z")
It’s not “sales tax” it’s income tax. The 1099 will indicate ~$16,500 of additional income, but you weren’t paid money, you were given a car of that value. Even in the lower brackets I think you’ll owe at least $3k in additional income tax. ---
**Author:** ![PoisonousBeef](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poisonousbeef/32/6007_2.png) [@PoisonousBeef](https://forums.speedlife.net/u/PoisonousBeef)\ **Post date:** [March 6, 2008, 6:33pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/4 "2008-03-06T18:33:07Z")
You will not pay the 6 or 7% “sales tax.” You will be taxed on the value of the car as part of your income. It’s considered previously untaxed income that you got as if you were being paid as an independent contractor. ---
**Author:** ![T70\_Tsi](https://avatars.discourse-cdn.com/v4/letter/t/898d66/32.png) [@T70\_Tsi](https://forums.speedlife.net/u/T70_Tsi)\ **Post date:** [March 6, 2008, 6:47pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/5 "2008-03-06T18:47:52Z")
Lets say youre a lucky sombitch. thats all…oh and whats up with the lack of texting me about it. ---
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 7, 2008, 5:27am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/6 "2008-03-07T05:27:52Z")
> [@LS1 = LS1](https://forums.speedlife.net/t/ls1-ls1/35284/68): > > Lets say youre a lucky sombitch. thats all…oh and whats up with the lack of texting me about it. LOL, I got the paper work last night and will be sending in today. I didn’t want to get my hopes up. ---
**Author:** ![ZEX350Z](https://avatars.discourse-cdn.com/v4/letter/z/87869e/32.png) [@ZEX350Z](https://forums.speedlife.net/u/ZEX350Z)\ **Post date:** [March 7, 2008, 6:13am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/7 "2008-03-07T06:13:16Z")
What kind of car did u win? ---
**Author:** ![Zack01GC](https://avatars.discourse-cdn.com/v4/letter/z/a183cd/32.png) [@Zack01GC](https://forums.speedlife.net/u/Zack01GC)\ **Post date:** [March 7, 2008, 6:53am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/8 "2008-03-07T06:53:46Z")
> [@NHL 08 RBK edge code released](https://forums.speedlife.net/t/nhl-08-rbk-edge-code-released/35299/7): > > What kind of car did u win? ---
**Author:** ![SP71Supra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sp71supra/32/5955_2.png) [@SP71Supra](https://forums.speedlife.net/u/SP71Supra)\ **Post date:** [March 7, 2008, 8:34am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/9 "2008-03-07T08:34:30Z")
Does that mean I get the keep the GP sitting in my shop 🙂 ---
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 7, 2008, 8:39am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/10 "2008-03-07T08:39:45Z")
> [@SP71Supra"](#): > > Does that mean I get the keep the GP sitting in my shop 🙂 lol, I hope to see that sometime next week :bigthumb: I don’t want to get my hopes up but its the Focus from the Knight Rider sweepstakes. I need to over night the paper work back and then see what happens. I will believe it when its sitting at my house. ---
**Author:** ![SP71Supra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sp71supra/32/5955_2.png) [@SP71Supra](https://forums.speedlife.net/u/SP71Supra)\ **Post date:** [March 7, 2008, 8:42am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/11 "2008-03-07T08:42:57Z")
> [@On another topic](https://forums.speedlife.net/t/35149/93): > > lol, I hope to see that sometime next week :bigthumb: > > I don’t want to get my hopes up but its the Focus from the Knight Rider sweepstakes. I need to over night the paper work back and then see what happens. > > I will believe it when its sitting at my house. Hopefully it will be done… we fixed the rad support, we need the hood to continue… need it to line everything up so that we can paint it. As long as it comes on Monday, we should be good to go! Good luck on the car!!! ---
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 7, 2008, 8:55am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/12 "2008-03-07T08:55:58Z")
> [@LS1 = LS1](https://forums.speedlife.net/t/ls1-ls1/35284/78): > > Hopefully it will be done… we fixed the rad support, we need the hood to continue… need it to line everything up so that we can paint it. As long as it comes on Monday, we should be good to go! > > Good luck on the car!!! I have been checking on it and its at the terminal out near harrisburg. It should be at your place on Monday. I am really looking forward to getting it back. I have a pile of shit to add on when it comes home. ---
**Author:** ![Hycomp](https://avatars.discourse-cdn.com/v4/letter/h/d6d6ee/32.png) [@Hycomp](https://forums.speedlife.net/u/Hycomp)\ **Post date:** [March 7, 2008, 10:47am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/13 "2008-03-07T10:47:55Z")
> [@On another topic](https://forums.speedlife.net/t/35149/93): > > I don’t want to get my hopes up but its the Focus from the Knight Rider sweepstakes. I need to over night the paper work back and then see what happens. > > I will believe it when its sitting at my house. By any chance is it being shipped in from Nigeria? 😃 ---
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 7, 2008, 11:04am UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/14 "2008-03-07T11:04:39Z")
LOL, I was afraid of that to start with. I researched the compliance company that contacted me and they do all of the sweepstakes stuff for NBC and Sony. ---
**Author:** ![cmross13](https://avatars.discourse-cdn.com/v4/letter/c/a6a055/32.png) [@cmross13](https://forums.speedlife.net/u/cmross13)\ **Post date:** [March 7, 2008, 12:39pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/15 "2008-03-07T12:39:56Z")
> [@speeding ticket question re: supporting deposition](https://forums.speedlife.net/t/speeding-ticket-question-re-supporting-deposition/35304/6): > > It’s not “sales tax” it’s income tax. The 1099 will indicate ~$16,500 of additional income, but you weren’t paid money, you were given a car of that value. Even in the lower brackets I think you’ll owe at least $3k in additional income tax. > [@Gary Burch's Loose Oil Filter Fix (DSM Related)](https://forums.speedlife.net/t/gary-burchs-loose-oil-filter-fix-dsm-related/35280/12): > > You will not pay the 6 or 7% “sales tax.” You will be taxed on the value of the car as part of your income. It’s considered previously untaxed income that you got as if you were being paid as an independent contractor. dont you have to pay sales tax on a car when you transfer the title, regardless of how little you actually paid for the car? ---
**Author:** ![tom\_vito](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tom_vito/32/6000_2.png) [@tom\_vito](https://forums.speedlife.net/u/tom_vito)\ **Post date:** [March 7, 2008, 1:02pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/16 "2008-03-07T13:02:07Z")
> [@6 minutes of :EEK: 'Street Riding'](https://forums.speedlife.net/t/6-minutes-of-eek-street-riding/35274/16): > > dont you have to pay sales tax on a car when you transfer the title, regardless of how little you actually paid for the car? Thats what I was thinknig too. I thought the only way out of it was: A) being transfered from parent to child or child to parent B) The the person giving the car pays the sales tax i.e, NBC… ---
**Author:** ![T70\_Tsi](https://avatars.discourse-cdn.com/v4/letter/t/898d66/32.png) [@T70\_Tsi](https://forums.speedlife.net/u/T70_Tsi)\ **Post date:** [March 7, 2008, 1:21pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/17 "2008-03-07T13:21:14Z")
PA got fed up with people putting $1 for car sales to get out of taxes that they now just have a “gift” form you have to fill out separate. ---
**Author:** ![cmross13](https://avatars.discourse-cdn.com/v4/letter/c/a6a055/32.png) [@cmross13](https://forums.speedlife.net/u/cmross13)\ **Post date:** [March 7, 2008, 1:39pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/18 "2008-03-07T13:39:43Z")
correct, in which u pay sales tax on NADA value ---
**Author:** ![Fiji\_Mazda3](https://avatars.discourse-cdn.com/v4/letter/f/4da419/32.png) [@Fiji\_Mazda3](https://forums.speedlife.net/u/Fiji_Mazda3)\ **Post date:** [March 7, 2008, 3:53pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/19 "2008-03-07T15:53:33Z")
I don’t have anything to add, but is this what you won?? > **[Is 'Knight Rider' Ford Focus a '24' preview?](https://www.cnet.com/news/is-knight-rider-ford-focus-a-24-preview/)** > > Focus ST Black Edition may pay tribute to '80s high-tech car series with Hasselhoff, but driver in press photo resembles '24' star. ---
**Author:** ![VictorSmalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/victorsmalls/32/5944_2.png) [@VictorSmalls](https://forums.speedlife.net/u/VictorSmalls)\ **Post date:** [March 7, 2008, 3:57pm UTC](https://forums.speedlife.net/t/tax-question-on-a-car/195947/20 "2008-03-07T15:57:35Z")
> [@YES, FINALLY - NINJA GAIDEN 2 X360 EXCLUSIVE](https://forums.speedlife.net/t/yes-finally-ninja-gaiden-2-x360-exclusive/35320/2): > > I don’t have anything to add, but is this what you won?? > > [http://crave.cnet.com/8301-1\_105-9766727-1.html](http://crave.cnet.com/8301-1_105-9766727-1.html) Never seen that before. This one would be a 08 Focus SES sedan [Next page](https://forums.speedlife.net/t/tax-question-on-a-car/195947.md?page=2)