This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print
Pages: 1

  • Check Payment! 1 1
Rating:  
Topic: Check Payment!  (Read 3192 times)

hotboyatchs

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 7 (since 2008)
  • Thanked: 0x
Check Payment!
« on: July 07, 2008, 01:53:13 pm »
Will taxes get taken from my check when u get it
Logged

CompKillaz

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 665 (since 2008)
  • Thanked: 3x
Re: Check Payment!
« Reply #1 on: July 07, 2008, 01:57:44 pm »
no it wont....
Logged
FC ROCKS!

blondeshorty85

    US flag
    View Profile
  • Sr. Member
  • ****
  • Posts: 317 (since 2008)
  • Thanked: 5x
Re: Check Payment!
« Reply #2 on: July 07, 2008, 03:38:47 pm »
oh thats a good ?,,, will we have to claim this on our taxes? I think if its a certain amount you have to.. not sure tho.. anyone know
Logged

wakki

    US flag
    View Profile
  • Newbie
  • *
  • Posts: 40 (since 2007)
  • Thanked: 0x
Re: Check Payment!
« Reply #3 on: July 07, 2008, 04:43:44 pm »
As a general rule, anything over $600 in a year will require you to play taxes........and then I would assume FC would send you some sort of tax form to fill out so they can record it properly.  I use Paypal and have not had any taxes taken out, so I would imagine a check is issued the same way.
Logged

blondeshorty85

    US flag
    View Profile
  • Sr. Member
  • ****
  • Posts: 317 (since 2008)
  • Thanked: 5x
Re: Check Payment!
« Reply #4 on: July 07, 2008, 06:08:20 pm »
yea.. any form they will not take it oout.. but i think we have to claim if.. its a certain amount like you said.. I havnt won over 600 so.. im good.
Logged

dexterjrh

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 616 (since 2008)
  • Thanked: 0x
Re: Check Payment!
« Reply #5 on: July 08, 2008, 06:19:07 am »
Now where i live you will have to make a certain amount and make over it. Once that happens then you would have too pay taxes. But different for every state i figured
Logged

CompKillaz

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 665 (since 2008)
  • Thanked: 3x
Re: Check Payment!
« Reply #6 on: July 08, 2008, 08:09:28 am »
federal is federal... you won't have to pay any taxes unless its over $600 i do believe
Logged
FC ROCKS!
  • Print
Pages: 1
 

Related Topics

  Subject / Started by Replies Last post
1 Replies
4003 Views 		Last post September 18, 2007, 11:26:57 pm
by Madd4Money
0 Replies
650 Views 		Last post March 25, 2015, 12:59:03 pm
by aharr1
1 Replies
917 Views 		Last post May 31, 2016, 11:57:18 am
by Catwomanj10
9 Replies
2463 Views 		Last post November 25, 2017, 10:55:37 pm
by TELawson1
2 Replies
779 Views 		Last post December 24, 2018, 06:34:07 pm
by dsawan