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| | #1 (permalink) |
| Junior Member Join Date: Jun 2009
Posts: 2
Reputation: 0 ![]() cBay Rating: | How do you work out how much you can order before you have to fill out the tax form? I know it's $600 worth of stuff, but we have no idea what MS values each item at. I heard that you can order up to 60,000 points of stuff before you get the tax form. Meaning MS considers 100 points to be equal to $1. Is this right? Does anyone know how I can figure out how much stuff I can order before I get the tax form? Is it a point limit or a "MS value" limit that we don't know about? Thanks for any advice. |
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| | #3 (permalink) |
| Junior Member Join Date: Jun 2009
Posts: 6
Reputation: 0 ![]() cBay Rating: | my friend is 14 and has ordered stuff from bing since january of this year and has recieved all of his prizes that were ordered in his name. if he gets a w9 form, and his parents fill it out with their name, does his acct get banned because of the different names on the w9 and the ordered prizes? |
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| | #4 (permalink) | |
| Senior Member Join Date: Jun 2008
Posts: 191
Reputation: 7 ![]() cBay Rating: | I recently received the IRS notice on an account and Bing claimed that I couldn't get the new Halo 3 game, so the page offered up other prizes I could still order without completing a W9. All of the offered prizes were in the 1 - 2000 ticket range but didn't include all the prizes in that range from the Prize Mall. Thus this could only mean that they base the total amount on a dollar value they give to each prize. Quote:
Your friend can submit a form in his name and as long as he doesn't make more money in that calendar year than the IRS standard deduction. That way he won't owe any taxes on the prizes he receives. Submitting a W9 is not a good idea as you let Bing know exactly who you are. | |
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| | #5 (permalink) |
| Senior Member | just dont fill them out...i think its a hassle lol!
__________________ Chance to win $250 PAYPAL!CLICK NOW! ADFLASHER CLICK TO EARN $1.50! GUARANTEED $2 PAYPAL! CLICK! +REP if you like me <3 |
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