FlyerTalk Forums - View Single Post - Value of Donated Miles?
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Old Jan 12, 2007 | 3:37 am
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MikeMpls
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Originally Posted by lancemib
But what if you win the miles??? I won a million miles last year and have to pay taxes on them. At this point, I would think I should be able to donate some of these miles using the amount in taxes I paid as "cost" basis?
An excise tax is paid on miles in lieu of income taxes.

Who says you have to pay taxes on the miles you won? Was a 1099 issued?
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