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FYI you are bit overpriced. They are going from $2500-3000.
I wonder if people who are selling these for $2500 and taking into account the taxes that need to pay on the award. State and federal taxes are owed on the full award full value ($6000), which for some people can be $2500.FYI you are bit overpriced. They are going from $2500-3000.
It seems like the majority on eBay of completed listings that are under $3000 have a couple hundred in shipping, with the cheapest going for $2925, so it looks like the price is holding around $3000 for these. I guess it was bound to happen with more people receiving them from last year's longer referral award period. Mine are ready for pickup, but it's hard to decide if it's worth selling them for $3k or just keeping them.FYI you are bit overpriced. They are going from $2500-3000.
Has Tesla sent a tax bill to anyone for referral gift prizes in the past?I wonder if people who are selling these for $2500 and taking into account the taxes that need to pay on the award. State and federal taxes are owed on the full award full value ($6000), which for some people can be $2500.
They legal have to send a 1099-MISC for prizes totaling over $600 in a single year.Has Tesla sent a tax bill to anyone for referral gift prizes in the past?
They legal have to send a 1099-MISC for prizes totaling over $600 in a single year.
They legal have to send a 1099-MISC for prizes totaling over $600 in a single year.
You can claim the actual value. Years ago, I won a TV that they claimed was worth over $2000. By the time I actually received the TV, they were selling it for around $1300 so I claimed the actual sales price when I filed my taxes.Is $6000 what the seller is held to, tax wise, if FMV turns out to actually be $2500?
i.e. do you get a tax bill for $6000 which you can then offset with a loss of $3500 when you sell for $2500...thus you're really only on the hook for the tax on $2500, which was your true benefit?
I think the problem is proving FMV. Ebay prices are not proof of FMV, I believe it has to be retail price. I don't think Tesla sells the Arachnid anymore, so it might be hard to prove a different FMV than what they put on the 1099Misc.You can claim the actual value. Years ago, I won a TV that they claimed was worth over $2000. By the time I actually received the TV, they were selling it for around $1300 so I claimed the actual sales price when I filed my taxes.
Inflated Prize Value? How to Dispute an ARV on Your Taxes
The hijacker was trying to help the op from having a tax problem. Righteous thread jack I thinkSERIOUSLY people let someone post what they want ....at what price they want... GEEZ.. it's their sale. Everyday people hijack people's threads. Make an offer if you want. If not let them ask what they want. If someone pays that's their choice!!!
It looks like they give them out for the Powerwall, but not for the other rewards.I was wondering if anybody received a tax form from tesla ever for their referral bonus?