Woot!

Discussion in 'Southwest Airlines | Rapid Rewards (w/ AirTran)' started by Sandy, May 7, 2011.  |  Print Topic

  1. Sandy
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    Sandy Silver Member

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    Just won two Southwest green love tix in a drawing. YES! Can go anywhere. So hard to choose....

    (takes the sting out of not winning an ipad here, just a little)
     
  2. noname2
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    noname2 Silver Member

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    Congratulations!
     
  3. Congrats!
     
  4. Sandy
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    Sandy Silver Member

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    Thanks!
     
  5. Grail
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    Grail Silver Member

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    How exciting! Congrats, Sandy! :)

    Do you have to pay income tax on this prize?

    How much time do you have to find that perfect destination?
     
  6. Wurm
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    Wurm Silver Member

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    Normally, if the "market" value of the prize is $600 or higher, the amount is reported to the IRS and you will receive a Form 1099. You would report it as income on your next return.
     
  7. Sandy
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    Sandy Silver Member

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    Oops, sorry -- I missed this thread. You're right -- I'll probably get a 1099 on it. Not sure what the "street" value is....
     
  8. sparxe
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    sparxe Silver Member

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    Sandy likes this.
  9. efoss3
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    efoss3 Silver Member

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    Way to go!
     
  10. Sandy
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    Sandy Silver Member

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