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#11
09-02-2007, 03:30 PM
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Re: IRS Withholding on US Tournament Winnings Starts in 2008
[ QUOTE ]
My guess, since that would be a 'prize' not unlike winning a car worth 10K, you would receive a 1099 form for 10K. obg [/ QUOTE ] But unless the satellite was run by the main event sponsor, or the main event sponsor allowed 3rd party direct registration the prize is paid in cash. D$D 
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