FlyerTalk Forums - View Single Post - Taxable Valuation of Miles Won in Sweepstakes
Thread: Taxable Valuation of Miles Won in Sweepstakes
View Single Post
Old Jan 4, 2005 | 3:43 pm
  #7  
ibrandsguest
 
Join Date: Jan 2003
Programs: American Airlines Platinum, National Executive
Posts: 3,790
Miles are taxed? You can't take a deduction when you donate them to charity because, as I am told the rationale is, the miles aren't taxed when you earn them; I did research on the tax deduction issue a while ago and the law is clear on that, at least.
ibrandsguest is offline  
Reply