Recent content by solafide

  1. S

    Can you pay taxes on less than MSRP?

    I won an UGLY watch MSRP at 6K. I have looked on Ebay, and even there there are no takers at prices of 3-4 K. So obviously the true value of the watch is much lower. Any suggestions for paying less taxes on it than the 6K that will show in the 1099? TIA!!
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