First IUFB: Designer Handbags (Furla: 1 tote, 4 crossbody bags, 1 hobo bag); ARP: $2,368 (Devin)
JORDAN | VANESSA | GILBERT | REBECCA |
1800 | 3700 | 1300 | 1 |
Jordan is playing Cover Up for a 2020 Kia Soul LS (2L engine, CVT, FWD, capreted floor mats, etch protection, cargo net) (Courtney).
1 | ||||
7 | 9 | |||
4 | 6 | 3 | ||
0 | 9 | 8 | 5 | |
3 | 6 | 7 | 5 | 0 |
2 | 8 | 5 | 9 | 7 |
Y | A | R | D | S |
1 | ||||
7 | 9 | |||
6 | 3 | |||
0 | 9 | 8 | ||
3 | 7 | 0 | ||
8 | 5 | 9 | 7 | |
2 | 6 | 4 | 5 | 5 |
1 | ||||
7 | 9 | |||
6 | ||||
9 | 8 | |||
3 | 7 | 0 | ||
8 | 5 | 7 | ||
2 | 0 | 4 | 9 | 3 |
1 | ||||
7 | 9 | |||
6 | ||||
9 | 8 | |||
3 | 0 | |||
8 | 5 | 7 | ||
2 | 0 | 4 | 7 | 3 |
2 | 0 | 4 | 8 | 3 |
LOSS
Second IUFB: Laptop Computer (12.3in laptop with 8GB RAM, 128GB SSD); ARP: $999 (Overhead)
CAPPIE | VANESSA | GILBERT | REBECCA |
695 | 900 | 1250 | 1251 |
Vanessa is playing One Right Price for:
The right price is $6,797. She picks Georgia...
UTAH | GEORGIA | |
$6797 | ||
$5826 | $6797 | |
WIN |
Third IUFB: Fridge (Side-by-side fridge with LED lighting); ARP: $1,899 (Courtney)
CAPPIE | JOHN | GILBERT | REBECCA |
1450 | 900 | 1750 | 1000 |
Gilbert, from Cypress, California, is playing Now or Then for groceries, handyman and gasoline for a year (Imperfect Foods: $1200 of food; Handyman Connection: $1,500 of services; gasoline x52 weeks; ARP: $6,200) (COurtney and Devin). The THEN date is JULY 2010.
Grocery items:
SCSD #1
Contestant | Winnings | Spin 1 | Spin 2 | TOTAL | RESULT |
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Gilbert | $1,899 | 15 | 20 | .35 | |
Jordan | $2,368 | 90 | STAY | .90 | *SHOWCASE* |
Vanessa | $13,622 | 50 | 35 | .85 |
Fourth IUFB: Spin Bike (Inspire Fitness: IC2 indoor spin bike); ARP: $1,299 (Courtney)
CAPPIE | JOHN | ANABEL | REBECCA |
1451 | 1200 | 1400 | 1450 |
John is playing Punch-a-Bunch for a chance to win up to $25,000!
Item #1 (Chamberlain Garage Hub) (Courtney):
Item #2 (Baster):
Item #3 (Digital Audio Player):
Item #4 (Beard Trimmer):
John has 3 punches
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Fifth IUFB: Outdoor Television (50in 4K LED television with bluetooth soundbar); ARP: $2,104 (Devin)
CAPPIE | JAY | ANABEL | REBECCA |
2400 | 2350 | 1500 | 1800 |
Rebecca is playing SIDE BY SIDE for an outdoor seating group (Armen Living: Outdoor 4-piece sectional with 6 pillows and blanket; Firetainement: rectangular fire table) (Courtney).
The ARP is either $7284 or $8472.
Rebecca sets the price to $7284.
Sixth IUFB: Sauna (2-person indoor sauna with 7 infared heating panels); ARP: $1,529 (Courtney)
CAPPIE | JAY | ANABEL | HANNAH |
1600 | 1850 | 1800 | 1450 |
Hannah is playing That's Too Much for a 2020 Chevrolet Trax LS (1.4L engine, 6-speed AT, FWD, tint and cruise package) (Devin).
SCSD #2
Contestant | Winnings | Spin 1 | Spin 2 | TOTAL | RESULT |
---|---|---|---|---|---|
Hannah | $1,529 | 50 | 25 | .75 | |
John | $3,957 | 80 | STAY | .80 | |
Rebecca | $9,388 | 60 | 40 | 1.00 | *$1,000!* |
Contestant | Winnings | Spin 1 | TOTAL | RESULT |
---|---|---|---|---|
Rebecca | $10,388 | 60 | .60 | *SHOWCASE* |
THE FABULOUS SHOWCASES
Rebecca has the honors...
SC1 - Jordan
SC2 - Rebecca
Results: 2 out of 6 (with 1 bailout)
Winnings: $
Biggest Winner: Jordan
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all five digit choices for the tens digit were only one apart. :oops:How is that any less fair than normal?
I would have done exactly what John did in Punch-A-Bunch. I also had a strong feeling Hannah went one value too far in That’s Too Much!.
Tough loss for Jordan in Cover Up. I’m glad he ended up winning an auto in his showcase. And great bid! :-)
Yeah, Cover Up was a tough loss. He played about as well as you could, but at some point that game boils down to random luck. Now or Then was a rough one today, that one felt like it was setup for a loss. I can buy that exact same box of Milk Duds at numerous stores for around that price or less.
Congrats on your showcase win, Jordan!! People complain about the taxes, but winning a new car that you can use for the next decade if you want to for just the taxes is wonderful, isn't it? And no one can blame you for losing Cover Up on that 10s digit. Indeed, it was quite refreshing seeing someone use good strategy in that game in getting the second number wrong on the first try. Good job!
Much as I hate to be the bearer of bad news, you're not done paying taxes yet. They don't do a great job explaining this, but you'll get a 1099 from the show early next year. You'll have to report that on your 1040 and state tax returns, so what you won on the show is added to the income you make from other sources and is taxed as if you had made it at a job. To give an example, let's say your total income, excluding TPiR, is $50,000. Given you won $30,727 on the show, your total income is now $80,727. Here's how it will break down by type of tax:
Federal tax: Assuming you're single and take the standard deduction of $12,400, the federal tax burden on $50,000 is $4,315. The federal tax burden on $80,727 is $10,822. Your job will still assume you're only making $50,000, so you'll be on the hook for the extra $6,507 by April 15 of next year, plus possibly a penalty for under-withholding your tax by too much. (You may want to increase your withholding at work or look into an to avoid that penalty.)
CA tax: CBS took 7% out of your winnings for CA tax, but that was just for estimated tax. You'll need to file a next year and you'll likely get some of it back. Going back to my example, assuming you're single and take CA's standard deduction, you'd really owe CA $1,573 in tax. Since CBS withheld $2,151, you'd get $578 back from CA. (Again, this all assumes you make $50,000 pre-TPiR and file as a single person.)
NJ tax: I've never dealt with NJ tax, so I have to keep this general. Fill out the CA non-resident tax form first. Then you should be able to take a credit for the actual tax you owed to CA (not the amount CBS withheld), so your NJ tax shouldn't increase or shouldn't increase by much. You may need to submit a copy of your CA tax return to prove to NJ you paid that tax.
Source: I do my own taxes and had to deal with this last year, except it was UT tax for me instead of NJ tax.
Disclaimer: I am not an accountant. Even if you make exactly $50,000, you should still run all calculations yourself (and/or use tax software and/or consult an accountant) and check my work. I'm just trying to give you an idea of what you're in for.
Congrats on your Showcase win Jordan and welcome to the board! Very nice to see a fellow New Jerseyian be a big winner! Enjoy the Hyundai! Did you accept the Beverly Hills trip since the transportation was limo rather than by air?