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10-99 Crap!!!

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Old Feb 3, 2004 | 10:05 AM
  #1  
DOHCarp's Avatar
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From: NEPA, PA, U.S.
Default 10-99 Crap!!!

Alright I got the mail this morning and I see I have something from old bridge township (E-town) I open it up and its a 10-99 form for all my winnings of the year. I know I should have excpected it, but this was the first year I won a bunch of events and now I have to pay taxxes on my winnings....I guess I'll be expecting some from other tracks. Don't get me wrong im still a pig in **** that I won money this year, but it just caught me off guard. Oh well thats my little rant for the day.
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Old Feb 3, 2004 | 10:20 AM
  #2  
littlebluecrx's Avatar
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From: Crofton, Md, USA
Default Re: 10-99 Crap!!! (DOHCarp)

some tracks send em, some do not, also wait till manufacturers send em for contingency. Anymoney won or awarded, is taxable......
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Old Feb 3, 2004 | 10:22 AM
  #3  
SIXTYdashONE's Avatar
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From: n00 Jersey, USA
Default Re: 10-99 Crap!!! (littlebluecrx)

Thats nuts, i had no idea. Good heads up Chad.
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Old Feb 3, 2004 | 10:27 AM
  #4  
GOLDMEMBER's Avatar
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From: NORTHRIDGE, CA, USA
Default Re: 10-99 Crap!!! (SIXTYdashONE)

i had a Honda letter last night and I was excited and saw my total for the winnings this year. that totally sucked. wheres the money now?
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Old Feb 3, 2004 | 10:39 AM
  #5  
PM-Performance's Avatar
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From: Reading, PA, usa
Default Re: 10-99 Crap!!! (GOLDMEMBER)

DAMN , that sucks. someone told me it wasnt taxable becuase of the track paying some kind of taxes for it ? i guess it was BS. i knew it was too good to be true. lol
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Old Feb 3, 2004 | 11:14 AM
  #6  
b19coupe's Avatar
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From: Southern California, U.S.A.
Default Re: 10-99 Crap!!! (DOHCarp)

I wish I had your problem.
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Old Feb 3, 2004 | 11:48 AM
  #7  
Kataku2K3's Avatar
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From: Gresham, Oregon, USA
Default Re: 10-99 Crap!!! (b19coupe)

That's messed up, didn't know they did anything like that... Is this new because "so far" we've never had anything like that over here...
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Old Feb 3, 2004 | 01:01 PM
  #8  
vtecb20coupe's Avatar
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From: blah
Default Re: 10-99 Crap!!! (DOHCarp)

don't feel bad. you're not the only one. just be happy you didn't file your taxes already.
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Old Feb 3, 2004 | 01:56 PM
  #9  
bnkindle's Avatar
 
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From: NY, NY
Default Re: 10-99 Crap!!! (vtecb20coupe)

Your award/winnings will not be filed with the IRS unless they exceed $400 with a company.
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Old Feb 6, 2004 | 02:08 AM
  #10  
TurboR1391's Avatar
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From: Tallahassee, Florida
Default Re: 10-99 Crap!!! (b19coupe)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by b19coupe &raquo;</TD></TR><TR><TD CLASS="quote">I wish I had your problem. </TD></TR></TABLE>I look forward to that day
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