View Single Post
Old 01-02-2012, 03:48 PM   #4 (permalink)
Andrew Jones
Member
 
Andrew Jones's Avatar
 
Join Date: Sep 2007
Location: Indianapolis, IN
Posts: 7,352
Default

Topps will issue a 1099 to you and you'll have to report the value Topps assigns to the prize as income on your tax return. As with most 1099 income, nothing is withheld up front.
Andrew Jones is offline   Reply With Quote