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Taxes on 2013 winnings. No affidavit or tax forms sent
lagringausa1
#1 Posted : Tuesday, March 25, 2014 10:58:26 AM(UTC)
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Won $8k cruise and took it in 2013. I was never asked to provide my social or complete an affidavit. No tax documents were received and I contacted the public relations firm to inquire and after not hearing back from anyone sent another query only to have it returned undeliverable and their website is shut down.

I'm kind of at a loss. It appears they could've taken taxes out pre win because it exceeded $5k under IRS rules and they didn't require my social. In that case I would receive a W2G. ?

Any suggestions?
newport77
#2 Posted : Saturday, March 29, 2014 6:48:20 AM(UTC)
newport77

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sounds like you are off the hook for this one..... thats all I have to say....

marli23514
#3 Posted : Saturday, March 29, 2014 7:00:17 AM(UTC)
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Who knows what they reported or did not report.  Safest way is to include as other income, but that is your choice.






“You’re not obligated to win. You’re obligated to keep trying. To be the best you can do everyday.” ― Jason Mraz










lagringausa1
#4 Posted : Monday, March 31, 2014 1:46:01 PM(UTC)
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Thanks.  Still not sure what I will do.  I guess I will run the numbers and probably play it safe.

sweepchaser2
#5 Posted : Thursday, August 28, 2014 7:51:46 AM(UTC)
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yes, its a definite possibility that they took that taxes out beforehand. Companies really need to start being more clear about these situations but its usually only a problem when the prizes are over $600 or so.

bobthomas18
#7 Posted : Sunday, October 5, 2014 2:05:47 PM(UTC)
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When I won the Range Rover in 2012, I didn't receive a 1099.


I had to call the sponser to get it.  As it turned out, it seems it hadn't been reported to IRS.  I asked the sponser to send a 1099 me & they did.  I suppose I could've kept my mouth shut,not reported it, & never been found out.  If I'd done that, I'd still be worried about the possibility for being caught for tax evasion, etc.  Also "Render unto Caesar....etc.".

bobthomas18
#6 Posted : Sunday, October 5, 2014 2:07:42 PM(UTC)
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sweepchaser2;180162 wrote:


yes, its a definite possibility that they took that taxes out beforehand. Companies really need to start being more clear about these situations but its usually only a problem when the prizes are over $600 or so.



How is it possible to deduct taxes before on a non-cash prize?

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