Why are trips and prizes won on game show taxed even though they are said to be “free”? 1.77K viewsJanuary 3, 2024 Question90.62K June 4, 2019 0 Comments Why are trips and prizes won on game show taxed even though they are said to be “free”? In: Other 7 Answers ActiveNewestOldest Anonymous Posted June 4, 2019 0 Comments “Free” just means that you didn’t do any significant work to earn it. But it’s still income, and thus is still taxed. The government has no reason to exempt it from taxation like any other income. You are viewing 1 out of 7 answers, click here to view all answers. Register or Login
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