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Taxable Valuation of Miles Won in Sweepstakes
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Jan 4, 2005 | 3:25 pm
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Efrem
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Quote:
Originally Posted by
JLL5100
If income was not recognized when you won the miles, then you have no tax base in them and thus no contribution base.
What does that have to do with the question? The OP won them. He didn't donate them.
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Efrem
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