Why do I need to complete an affidavit in order to receive my prize?
Updated
If the value of a prize exceeds $600, then a 1099 MISC tax form needs to be filled out prior to awarding the prize as the value will be taxable to the recipient.
Updated
If the value of a prize exceeds $600, then a 1099 MISC tax form needs to be filled out prior to awarding the prize as the value will be taxable to the recipient.