FlyerTalk Forums - View Single Post - Another Million Mile Contest

Apr 17, 2002 | 3:23 pm

#15

SJC_Traveler

Join Date: Dec 2001

Location: Mountain View, CA

Posts: 23

i wonder IRS consider miles won from a contest as a taxable event.

If so, do they value 1MM as worth 25K or 20K in cash?

I thought it was 2 cents for every 1 mile.

Reply