Is this correct

[gaysmith]

I received notification today that I was a potential winner for Cayman Jack Sweeps. The win is a pair of Costa glasses in the amount of $80.00. The email stated that attached was a affidavit, which needed to be filled out along with a witness. They also needed a copy of my driver license. Then I needed to fax or scan and email back. My question, is this necessary for glasses in the amount of $80.00. This just seems a bit much. What do you guys think?

 

[traveldreamer]

I think that it is legit. Just do it.

 

[amyshulk]

I received notification today that I was a potential winner for Cayman Jack Sweeps. The win is a pair of Costa glasses in the amount of $80.00. The email stated that attached was a affidavit, which needed to be filled out along with a witness. They also needed a copy of my driver license. Then I needed to fax or scan and email back. My question, is this necessary for glasses in the amount of $80.00. This just seems a bit much. What do you guys think?

gaysmith - stickied thread may help you decide:Thread: Filling out w-9 form??? https://www.sweepsadvantage.com/forum/questions-and-answers/81183-filling-out-w-9-form.html

The threshold for IRS mandatory reporting is $600 & above. For amounts of $599 and below reporting is not required. Some firms prefer to collect the info regardless, that way, they're covered when they take a tax deduction. Like Amy said, ALL sweepstakes winnings are taxable and you're required to report them and pay taxes on them regardless of the dollar amount. Most of us ignore this requirement for wins of $599 or less, since there is usually no 1099 issued. If you're audited & caught you'll be required to pay taxes and penalties on the amount ($200) not reported.

mykidzrock01 - ALL wins are taxable, but sponsors *usually* only send a 1099 when the win/wins exceed their reporting threshold of over $600More here;Thread: ARV and your taxes {TY to LIDARKSIDE} https://www.sweepsadvantage.com/forum/questions-and-answers/17790-arv-your-taxes-ty-lidarkside.html

bettycardwell - You can ask if they gave you boiler plate instructions because $200 is below their required reporting threshold, and they *might* agree.
I turned down a $20 ARV win once because they wanted a notarized [affidavit] affy but any sweepstakes we win is taxable by the IRS, so they can ask for your SSN & a notarized affy.

 

[luckycatme2]

its legit-i won the same sunglasses. Many times liquor and ciggy companies will require an extra step.

 

[mariebblake]

It’s legit. I won also and was very thankful that it didn’t require it to be notarized as most alcohol and cigarette company wins require that. Congrats by the way