Recommended Posts

  • 2 weeks later...

Well, I won around $1200 of stuff around a year ago in a microsoft raffle, and I emailed microsoft if I would have to pay taxes on the items and they never responed so I just let them send the prizes. I was as happy as could be when they arrived.

It is now a year later and I get a form for taxes I have to pay on the items. Around $900 dollars. I have never been more ****ed off in my life. Now I have to figure out how to pull $900 dollars out of my a** to pay taxes on the prizes. And the tax is almost as much as the prizes were worth.

If I knew this was going to happen I would have never accepted the prizes in the first place.

Link to comment
https://www.neowin.net/forum/topic/618237-taxes/#findComment-589239673
Share on other sites

Well, I won around $1200 of stuff around a year ago in a microsoft raffle, and I emailed microsoft if I would have to pay taxes on the items and they never responed so I just let them send the prizes. I was as happy as could be when they arrived.

It is now a year later and I get a form for taxes I have to pay on the items. Around $900 dollars. I have never been more ****ed off in my life. Now I have to figure out how to pull $900 dollars out of my a** to pay taxes on the prizes. And the tax is almost as much as the prizes were worth.

If I knew this was going to happen I would have never accepted the prizes in the first place.

theres probably ways you could write it off...might count as tax fraud though :p

Link to comment
https://www.neowin.net/forum/topic/618237-taxes/#findComment-589239683
Share on other sites

Actually, no, you don't have to pay 900 dollars in taxes or even half of that. The way it works is that the monetary value of the prizes is added to your income on your taxes. So, if you made 42,000 for last year, when you file your taxes and figure out what you owe or what you get back, you now have to state you made 42,900. Make sense?

Link to comment
https://www.neowin.net/forum/topic/618237-taxes/#findComment-589252263
Share on other sites

This topic is now closed to further replies.
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Posts

    • Wow, imagine you dump hundreds of hours into completing things and unlocking stuff and you lose it all. Back in the day when cheats were built into games, you could at least unlock things again that way without spending hundreds of hours again. But those days are long gone for some reason as no one builds cheats into games anymore. So it's even more painful that studio that's on its 6th installment **** it up so badly.
    • Spotify finally removes the disco ball app icon in the latest update by Ivan Jenic Image: Spotify Spotify has just released an update that removes its now infamous disco ball icon. The update reverts the app icon to the familiar flat green logo after weeks of mixed reactions online. The icon arrived on May 13 as part of the company's 20th anniversary celebration and was always intended to be temporary, though Spotify only confirmed that after the backlash started. The disco ball took the internet by storm, as the reception was split. A vocal group of users called it ugly and disorienting, with some iOS users noting that the 3D glowing effect made the app look like it was stuck mid-update. On the other end, the icon picked up a following of its own. Its retro, three-dimensional look immediately stood out against the flat, minimalist aesthetic that has dominated app design for years. It even started a small movement, spawning what people started calling "discomorphism," a mashup of disco and skeuomorphism. Other brands started posting disco ball versions of their own logos, probably in an effort to ride the wave of memes that flooded the internet during late May. Spotify has had a turbulent relationship with its user base lately. Besides the disco ball icon, which certainly wasn't appreciated by everyone, the company has also received backlash for its willingness to include AI-generated music on its platform. On May 17, Spotify promised the old icon would return “in a few weeks.” And now it looks like that time has finally arrived. So, whether you liked the disco ball or it made you uncomfortable, it’s now gone for good. The next time you update the Spotify app on your phone, the old, flat-design icon will return.
    • Playground Games confirms Forza Horizon 6 save wipe bug by Taras Buria Forza Horizon 6 was launched last month to critical acclaim (check out our review here), and it became a smash hit in an instant. Now, weeks into the launch, with die-hard fans clocking hundreds of hours, Forza Horizon 6 is facing a serious issue: save wipes. After multiple complaints on Reddit and social media, the studio issued a statement. The problem with missing saves came shortly after Playground Games promised the initial batch of gameplay tweaks and improvements. Unfortunately, there seems to be no temporary fixes for those affected by unexpected save wipes. However, the studio published a new support document with a few important steps users should try. First, affected gamers should open a support ticket immediately (go here to file one) so that the support team can try recovering the lost progress by reverting to an earlier save. Playground Games says this should be done the same day the issue occurs. Meanwhile, gamers are urged not to start new play sessions or create new saves. The studio also published a few things gamers should try to avoid to prevent potential progress loss: Ensure your Gaming Services app on PC or XBOX Series X|S console is fully up to date. On XBOX Series X|S consoles, disable Quick Resume for Forza Horizon 6: To disable Forza Horizon 6 from using Quick Resume, highlight the game box art anywhere in the console experience (Home, My Games & Apps, Pins, etc) and then press the Menu button, then go to Manage game and add-ons > Quick Resume settings > Disable Quick Resume. Ensure you are online when ‘quitting’ the game. Give your saved time to sync to the cloud before powering off or switching devices. Do not force quit the game during save screens. Do not power off the device during gameplay. Always "Quit" (console) or "Exit to desktop" (PC) once you've finished your play session, ensuring the save icon is not visible when you’re closing the game. Before turning off your console, shutting down your PC, or force-closing the Steam app, give your devices or clients at least a few minutes to ensure your latest progress has been synchronized with the cloud. This will reduce the risk of progress reversions as you switch between different platforms. XBOX Series X|S consoles, Steam, and the XBOX app on PC all include game save indicators that confirm your progress has been synced. You can read more about the bug in the official support document here. Forza Horizon 6 is currently available on PC (Steam and the Microsoft Store), Xbox Series X|S, and Game Pass. The game is also coming to PlayStation 5 later this year.
  • Recent Achievements

    • One Year In
      slackerzz earned a badge
      One Year In
    • One Year In
      highriskpaym earned a badge
      One Year In
    • One Month Later
      highriskpaym earned a badge
      One Month Later
    • Week One Done
      highriskpaym earned a badge
      Week One Done
    • Week One Done
      FBSPL earned a badge
      Week One Done
  • Popular Contributors

    1. 1
      +primortal
      519
    2. 2
      PsYcHoKiLLa
      198
    3. 3
      +Edouard
      158
    4. 4
      Steven P.
      84
    5. 5
      ATLien_0
      75
  • Tell a friend

    Love Neowin? Tell a friend!