[Splave]

wow you really have to pay that in taxes? jesus man

[Buckeye]

Yup, just like on the game shows that you see on TV, the bigger prizes they have to pay tax on those things when they recieve them.

It has to do with the cost of what ever the prize is, not sure of what the limit is.

Originally Posted by JF-AMD

Our govenment requires us to send the winner a 1099-B statement and the winner has to pay taxes. The threshold on this is usually ~$2500. Under that I could probably run a contest worldwide.

And your government is probably going to want to tax you as well.

[Splave]

damn I cant even afford to win, PLEASE DONT LET ME WIN ROFL

seriously though, what would I do if I won? see if anyone wanted to go tradsies on a 6 core intel

[Buckeye]

Agreed on not being able to afford to win.

So you win the thing and decide to sell it, picture your paypal account with 8-10 grand going through it or what ever all that costs. You also have to report that as income come tax time because paypal will notify IRS of all this as they do with any big seller on ebay.

[Neuromancer]

Originally Posted by Buckeye

Our run Pentium 4's like I did awhile ago

Originally Posted by ReverendMaynard

lol exactly.

Meh you guys got nothing on me. I benched a damn ATOM my 750MHz Duron kicks its ass

[ocgmj]

Move the OCA forum to the new server. Can we say fastest forum on the planet.

[Neuromancer]

Originally Posted by ocgmj

Move the OCA forum to the new server. Can we say fastest forum on the planet.

Did and it does

No 30-45 second wait periods like some other sites...