Tax on prizes
Date: Fri, 06/05/2009 - 10:41
Tax on prizes
Was wondering. I am putting question to community forum. I won the $50.00 question of the month for May, and was wondering, are taxes supposed to come out on it?
"http://www.wwwebtax.com/income/prizes_and_awards.htm"
"http://www.wwwebtax.com/income/prizes_and_awards.htm"