FlyerTalk Forums - View Single Post - AAdvantage Member Wins One Million Miles, Donates All To Charity
Old Jan 21, 2008, 3:40 pm
  #5  
nacirema
 
Join Date: Jul 2003
Location: Florida, USA
Posts: 886
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.
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