AJ06
Returning Member

Business & farm

If a restaurant "awards" a construction business coupons for free food (3 free meals per week for three years) in 2020 and sends an award letter stating this, does the construction company have to report the unused food coupons if they have four months of unused coupons in 2020? The restaurant also sent  a1099 to the construction owner for the total amount of the prize winnings.