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years of service gifts?
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<blockquote data-quote="JustTired" data-source="post: 298603" data-attributes="member: 10234"><p>Check your paystubs. When you receive an award, they add it to your pay as earned income. You pay taxes on it. It's not free. </p><p> </p><p>In other words, you're paying for your own award. Example: A TV, worth about $80 if you bought it at Walmart (or where ever), is valued at $250 in those overpriced catalogs. You end up with the 250 added to your income for tax purposes. Depending on your tax bracket, it might be cheaper to go buy it yourself.</p><p> </p><p>The idea of a safe driving award is a good one. But you think they could at least give it to you.....no strings attached. I just decline the award and eat my cake. You don't think they add that to your income, too?!?!</p></blockquote><p></p>
[QUOTE="JustTired, post: 298603, member: 10234"] Check your paystubs. When you receive an award, they add it to your pay as earned income. You pay taxes on it. It's not free. In other words, you're paying for your own award. Example: A TV, worth about $80 if you bought it at Walmart (or where ever), is valued at $250 in those overpriced catalogs. You end up with the 250 added to your income for tax purposes. Depending on your tax bracket, it might be cheaper to go buy it yourself. The idea of a safe driving award is a good one. But you think they could at least give it to you.....no strings attached. I just decline the award and eat my cake. You don't think they add that to your income, too?!?! [/QUOTE]
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