![]() That’s up to $63,378 in state and federal taxes." California-based stars will have to pay California’s up to 13.3% tax too, another $16k or so. ![]() Here's how Forbes breaks down the math: "At the 37% IRS tax rate, that’s $46,620. Well, now it seems those celebrities, and every other nominee who scored one of the "Everyone Wins" gift bags, will get to experience that same tax-related stress themselves. In the movie Everything Everywhere All At Once, which won Best Picture this year at the 95th Academy Awards, actress Michelle Yeoh (who took home Best Actress) and actor Ke Huy Quan (who took home Best Supporting Actor) play a couple struggling to figure out exactly how much to pay in taxes, negotiating with an irate IRS agent played by Jamie Lee Curtis (who took home Best Supporting Actress). It also implied that readers of this piece should rent and watch the 2001 film Monkeybone, an assertion we fully endorse and stand by. Note: An earlier version of this piece could be read as implying that the maximum possible amount that one could owe upon receipt and redemption of all items in the gift bag was what all recipients would owe upon initially receiving the bag, an assertion we do not endorse and have sought to correct. However, the reality of just how taxes are applied to these "swag bags" is more complicated than you might think.Forbes crunched the numbers, and found that these celebs may owe Uncle Sam more than $60,000 when all is said and done. ![]() Every year, Oscar nominees receive a "swag bag" of free stuff from an array of companies. ![]()
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