Holy crap i won something!!!!!!!!!!!!

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Oct 5, 2013 | 06:26 PM

#31

omahogg

Cruiser

Joined: Apr 2013

Posts: 129

Likes: 1

From: omaha ne

It's a gift....screw the taxes...

Oct 5, 2013 | 06:59 PM

#32

FXDXTSport

Supporter

Joined: Oct 2006

Posts: 2,565

Likes: 638

From: Washington State

Quote:

Originally Posted by Yellotang

Stupid question, what would the taxes be on that thing? I always wondered what one has to pay when they win Harleys.

Depends on your taxable income and filing status. This site http://www.forbes.com/sites/kellyphi...unts-and-more/ will tell you how much in taxes a person will pay based upon taxable income and filing status. The OP could look at last years 1040 to get an idea of what his taxable income is (if there haven't been any major income changes in his life the past year). Sales Tax depends on the State. In Washington, you pay the sales tax when you register the bike so if you won it and sold it to someone else without registering it there wouldn't be any sales tax.

Oct 5, 2013 | 07:05 PM

#33

not_so_newb

Elite HDF Member

Joined: Oct 2009

Posts: 3,922

Likes: 826

From: Toronto Canada

give it to me , i haven't worked in the last 2 years , i could probably declare it and get a tax rebate

congratz on the win !

Oct 5, 2013 | 07:08 PM

#34

lh4x4

Extreme HDF Member

Joined: Dec 2007

Posts: 13,402

Likes: 941

From: Illinois

Remember that there will be about a 30% income tax due on the wholesale amount. Not to rain on your parade but you need to know. Possible state taxes also. At least the tax is not on retail it is the value of the cost from the company which is wholesale.

Yeah, good luck enjoy the bike.

Last edited by lh4x4; Oct 5, 2013 at 07:10 PM.

Oct 5, 2013 | 07:42 PM

#35

my67pnycar

Elite HDF Member

Joined: Oct 2010

Posts: 3,504

Likes: 12

From: DOWN SOUTH

Lucky you. Put the damn car outside under a cover or take the bike you are trying to sell and put it on cosignment at your local HD stealer until you can figure it out. I only WISH I had your problem. Good luck man, stay safe out there.

Last edited by IzzoQuazzo; Oct 5, 2013 at 08:18 PM.

Oct 5, 2013 | 07:57 PM

#36

Rico Rose

Cruiser

Joined: Sep 2012

Posts: 157

Likes: 5

From: Austintown, Ohio

Quote:

Originally Posted by lh4x4

Good thing he lives in Nevada, a state with no income tax. Or is that State income tax they dont have there.

Good for you bro! Anyway.

Last edited by Rico Rose; Oct 5, 2013 at 08:01 PM.

Oct 5, 2013 | 09:00 PM

#37

Lowcountry Joe

Elite HDF Member

Joined: Sep 2007

Posts: 4,928

Likes: 69

From: Near Myrtle Beach, SC

Quote:

Originally Posted by howitzer88

You could always donate it to a worthwhile charity and deduct the retail value from your taxes. Or not.

Great idea. You now have an opportunity to really make a difference in someone's life. The value of that bike can be deducted over time as a charitable contribution. Consider the possibilities.

Oct 5, 2013 | 09:03 PM

#38

craigffb

Stellar HDF Member

Joined: Jun 2010

Posts: 2,863

Likes: 172

From: Clarksville, TN

That's sweet! I always wondered if that was for real or not. Congratulations.

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Oct 5, 2013 | 09:29 PM

#39

Carbo

Thread Starter

Cruiser

Joined: Jul 2009

Posts: 137

Likes: 0

From: Las Vegas, NV

An update...first of all, thanks to everyone and the compliments. I just got home a little bit ago and I'll give you an idea of what happened at the dealership. On the purchase agreement they show the purchase price of $19,689. I had to pay the freight at $435.00 and set up at $987.00 for a total of $1422.00. I didn't have to pay sales tax as that was part of the promo (the dealership payes it). The only thing left for me to pay is registration and of course the income tax for this tax year. But, as some of you already stated, it's a free bike so screw the taxes. According to the purchase agreement the total out the door price including sales tax is $23,280.57 (if you were to buy it at this dealership).

As for the bike, pretty nice changes and additions to the 2014's. The two biggest changes I like are the integrated brakes and the saddlebags (those are really nice). Just one hand to pop open. There is a little lever on the back side of the bag and all you do is pull it up and the lid opens right up. Very nice!!! The new 103 definitely has some nice pick up, even in stock form. I think all you'd need to do to wake it up even a little more are cams and exhaust (of course race tuner and stage I).

All and all very nice bike!!!