- quote -

Agree.

I remember in the past there was a local tv station with a
program called "Crime Stoppers', maybe it was "Crime
Solvers". Anyway, the advertisement said that "you could
win up to 1,000$ for information leading to the arrest of
.... AND you won't even have to give your name or address."

Seems I remember the minimum for which a 1099-misc is to be
given for an award (or prize) is 600$. I wonder how they
did that.

Cheer$,
Harlan Lunsford, EA in LA

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"Wayne Brasch" <waynebrasch[at]stowetel.com> wrote:
- quote -

Would it be politically wise for the U.S. to
withhold/collect income tax on the reward, however? It
publicized a reward of $15 million. If it doesn't cut a
check for that amount, that will be publicized as well, as
proof that the American government lies to the Iraqi people.

--
D.F. Manno
dommanno[at]netscape.net
"They that can give up essential liberty to obtain a little
temporary safety deserve neither liberty nor safety."
(Benjamin Franklin)

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"hfs2" <hfs2[at]yahoo.com> wrote:

- quote -

My thought would be that, no they are not tax free.

Wayne Brasch, CPA, M. S. Taxation

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