Quote:
Originally Posted by sabotai
Considering the size of the prize, what taxes would be applied? The cash one is easy, any typical tax you'd pay on getting $15k, but what, if any, taxes apply to getting 9,000 gallons worth of gas in gift cards?
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It still would not be hard to compute the tax. Either the cards have a cash value that you would use. Or, if the cards are for gallons, then you could just compute gallons X average price of a gallon in the area on the day of the gift.