Aug 26, 2009

Ja! Trading clunkers and paying taxes!

Yes.
Your $4,500 juice rebate from the Cash 4 Clunker program is... (drums roll, please)... taxable!

Taxable regular income, no payroll deductions involved.
Tiny, itty, bitty detail someone just forgot to disclose.

C'mon, bend over and produce your wallet.
Trust me; it won't hurt.

1 comment:

Juju said...

Ha! Lovely thing to leave out of the media don't ya think?