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Posted on 12/15/17 at 3:17 pm to halleburton
quote:
And they charged the driver $30k? I find that hard to believe
Read the rest...believe it now. Kinda crazy though.
This post was edited on 12/15/17 at 3:20 pm
Posted on 12/15/17 at 3:21 pm to bbvdd
quote:
realistic about 1500-2000. For tax reporting purposes, easily $15k
I don't think he'd want to over estimate the value for what he's doing. From my understanding of the OP, he was the winning bidder on a hunt that was donated to be auctioned for a school fundraiser. For tax purposes, he can deduct the amount he overpaid above the fair market value...ie, if the winning bid was $8000 and the fair market value of the hunt is really only $3000, he can deduct $5000 as charitable donation.
Posted on 12/25/17 at 12:04 am to SportTiger1
Don't see any mention of the OP described scenario or similar on that link... Still call total BS on a 30k fine/fee for running over a doe.
Posted on 12/25/17 at 6:41 am to halleburton
Call BS all you want. It’s Christmas morning and I’m not bothered one bit. Merry Christmas baws!
Posted on 12/25/17 at 9:05 am to Tiger Prawn
quote:correct. I would be really tempted to write off almost the whole entire thing. The check is prob made out to the school. I doubt that here is anything on the backside to track this thing back.
don't think he'd want to over estimate the value for what he's doing. From my understanding of the OP, he was the winning bidder on a hunt that was donated to be auctioned for a school fundraiser. For tax purposes, he can deduct the amount he overpaid above the fair market value...ie, if the winning bid was $8000 and the fair market value of the hunt is really only $3000, he can deduct $5000 as charitable donation.
Posted on 12/25/17 at 9:27 am to Hankg
215" WT for $9500 is a bargain in SoTx.
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