willowwillow

3 ms·

1. 1.▲
   by willowwillow 8y ago

   1099-MISC form for prize winners https://www.thebalanceeveryday.com/when-should-i-receive-109...
2. 2.▲
   by willowwillow 8y ago

   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.
3. 3.▲
   by willowwillow 8y ago

   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.