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    an08's Avatar
    an08 Posts: 14, Reputation: 1
    New Member
    		  
    #1

    Jul 7, 2009, 11:45 AM
    Participating in contests for H-4 visa
    I'm on H-4 visa and I partcipated in an online contest for instant prize but I won the first prize worth $3000.The Sponsor will send me the Tax form before the prize.my question is.. Is it legal to participate and win on H-4 visa?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jul 7, 2009, 01:11 PM
    Yes, it IS legal to claim the prize. Winning raffles or sweepstakes, trading stocks and bonds, getting paid a referral fee from your apartment compex are all activities permitted under your visa.

    The only real restriction is that you cannot start a business nor can you work for someone else for pay.

    Report the prize money on Line #21 of Form 1040 as "Sweepstakes winnings" and pay the appropriate taxes, and you should be fine.
    an08's Avatar
    an08 Posts: 14, Reputation: 1
    New Member
    		  
    #3

    Jul 7, 2009, 01:22 PM
    Thanks a lot for a valuable reply!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Jul 8, 2009, 08:22 AM
    Glad to help!
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