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Won a Car from Raffle in 2020
Thanks in advance. Won a car last year on a raffle. Paid all the taxes when we picked it up from the dealer. When i did my taxes i entered the all info from the W-2G.
We also sold a little stock in my co. but it was under 3k.
End result -- still owe $ to Fed and esp. to sate. This is surprising since we got a positive refund last year. Did something big change? Seems like we're paying more taxes on the car that we should.
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‎April 29, 2021
9:28 AM