Skip to main content
Level 2
June 6, 2019
Question

Sweepstakes winnings 1099-misc

  • June 6, 2019
  • 3 replies
  • 25 views
I received a 1099-misc for a sweepstakes I won. in the amount of $4776.00 for the estimated value of the trip.  The trip had to be used within four months after winning or it would be forfeited, I had some medical problems and was unable to use the trip. I did not receive anything from the prize company other than a letter stating I won. I did not get tickets or anything from them . What should I do about this 1099 ?

3 replies

Level 3
June 6, 2019

If you were notified of your winnings, you are responsible for paying tax on the trip even if you never used it.

Level 2
June 6, 2019
How could this be, I did not gain anything , the company did not have to pay for anything, if they claimed it on their taxes they are in violation.