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AAdvantage Member Wins One Million Miles, Donates All To Charity
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Jan 21, 2008, 3:40 pm
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nacirema
Join Date: Jul 2003
Location: Florida, USA
Posts: 886
Quote:
Originally Posted by
muddy
I dont think the IRS has figured out how to tax miles yet ... have they?
in this case they did. when you win anything the prize has to have "value" attached to it. you are taxed on the value of the prize.
nacirema
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