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question about winning money and taxes
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11-17-2004, 06:31 PM
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mosha
Crazy
Location: Htown, NJ
i used to work for a company that gave away prizes like this. typically you will get a 1099-MISC at the end of the year and the 10K will be added to your income. You will pay taxes based on your "new" income.
mosha
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