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Does Anybody Know
speedball1
Posts: 29,301, Reputation: 1939
Eternal Plumber
#
1
Jan 12, 2009, 09:01 AM
Does Anybody Know
If a game show contestant can, swap a prize vacation for money?
How much tax is taken out when a contestant wins big bucks.
Thanks, Tom
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Capuchin
Posts: 5,255, Reputation: 656
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2
Jan 12, 2009, 09:17 AM
I believe it's added to your taxable income.
I don't know about swapping, I would imagine that depends on the show.
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