Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if i receive an electronic as a prize, and did not

If I receive an electronic as a prize, and did not receive a form 1099-MISC,...

80.2K

Verified Solution

Question

Accounting

If I receive an electronic as a prize, and did not receive a form 1099-MISC, should I report the item on my taxes with the retail price or a catalog price?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Solve the given differential equation using an appropriate substitution. The DE is a Bernoulli equation, A. dy/dx...

Basic Math
Q

Sources are not all the same in the way they specify the output voltage. Some assume...

Electrical Engineering
Q

In outline form identify THREE contemporary researchers who have contributed to the field of continuous quality...

Operations Management
Q

Microfilaments function in maintenance of animal cell shape All of the above cell division muscle...

Biology
Q

Suppose A in an m x n matrix with linearly independent columns and QR factorization...

Basic Math
Q

Question 4Find the slope of a line passing through the pair of points: (-7, 0)...

Algebra
Q

i need help with 1-8 Required: Hint: It may...

Accounting
Q

21) Danton Hardware Company uses a perpetual inventory system. How should Danton record the return...

Accounting
Q

Question #1 What are discretionary accounts? A) Accounts that require management to deliberatley...

Accounting
Q

Case Study 3 Contemplating New Direction at "The Mad Hatteras" Lauren Asbury is the owner...

Accounting
Q

You are a supply manager for a major distributor. The CEO has strongly encouraged that...

Accounting
Q

The Toroco Co.is considering two mutually exclusive pieces of machinery that perfom the same task....

Finance