willowwillow
Re:Why nobody ever wins the car at the mall
on Tuesday June 26, 2018 @04:59AM (#17398934)
1099-MISC form for prize winners
https://www.thebalanceeveryday.com/when-should-i-receive-109...
Re:Why nobody ever wins the car at the mall
on Tuesday June 26, 2018 @04:58AM (#17398925)
Only if you win a prize larger than a certain amount (I think it's somewhere around $600) the promoter of the sweepstakes must issue an IRS 1099-MISC form as such prizes are taxable income.
Re:Why nobody ever wins the car at the mall
on Tuesday June 26, 2018 @04:56AM (#17398910)
Yeah... When I was in my early 20s I was gullible so I entered into those "contests" a lot - and all that I got was telemarketers and junk mails.