lightlovebeing
New member
This is my first year reporting winnings and I want to be accurate and honest in all things. Has anyone encountered these situations? Any thoughts are much appreciated.
1. I won some coupons for free food items and they have "maximum value" amounts listed. I am thinking I can report the amount I actually paid for the items that I redeemed for myself and have receipts for.
Do you think I should include the taxes I paid at the store on these items? (a ball park guess of total coupons is $100 +)
I have not redeemed all of the coupons and gave away some - I do not know the actual amounts they will be/were redeemed for, I am thinking I should report the maximum amounts for those coupons.
2. I won a giveaway where the sponsor sent additional products. Do I report the value of the items as stated in the giveaway or the value of all the items the sponsor sent? I may not have entered the giveaway if the $ value of what I received was listed, although their generosity is much appreciated.
I am so thankful to SA members who answer questions and share information! I thought that I only had to report wins that were over $600 and am so blessed to have the information on the forums and people sharing and making newbies aware of the big picture. I have changed my sweeping strategy several times so far.
Winning blessings to all! :sunny:
1. I won some coupons for free food items and they have "maximum value" amounts listed. I am thinking I can report the amount I actually paid for the items that I redeemed for myself and have receipts for.
Do you think I should include the taxes I paid at the store on these items? (a ball park guess of total coupons is $100 +)
I have not redeemed all of the coupons and gave away some - I do not know the actual amounts they will be/were redeemed for, I am thinking I should report the maximum amounts for those coupons.
2. I won a giveaway where the sponsor sent additional products. Do I report the value of the items as stated in the giveaway or the value of all the items the sponsor sent? I may not have entered the giveaway if the $ value of what I received was listed, although their generosity is much appreciated.
I am so thankful to SA members who answer questions and share information! I thought that I only had to report wins that were over $600 and am so blessed to have the information on the forums and people sharing and making newbies aware of the big picture. I have changed my sweeping strategy several times so far.
Winning blessings to all! :sunny: