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  Topic: Truck or Cash Option
bigb3434

Replies: 1
Views: 4087

Post image iconForum: Personal Finance   Posted: Tue Aug 26, 2014 12:32 am   Subject: Truck or Cash Option
I recently won a truck at a raffle in Maryland state and they are offering me 17,500 in cash or I could take the truck valued at 23,500. I don't really need the truck so I was going to try and sell it ...
  Topic: tax advice for a truck I won
bigb3434

Replies: 1
Views: 11605

Post image iconForum: Taxes   Posted: Mon Aug 25, 2014 1:02 pm   Subject: tax advice for a truck I won
I recently won a truck at a raffle in Maryland state. However, they are offering me a cash option of 17,500 or the truck which is worth 23,500. Does anybody know the taxes that I would be facing with ...
 
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