FlyerTalk Forums - View Single Post - Who has won anything from FT contests? A show of hands please.

Sep 22, 2014, 6:36 am

#685

TIGA31328

Join Date: May 2004

Location: Colorado

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Posts: 445

Quote:

Originally Posted by RyanEscoot6

For all those that have won major prizes ($2k+), are you taxed on the value of the winnings?

Yes, you owe taxes to the IRS.

Patrick

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