Award Is Taxable?

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  • itlw8
    Daycare.com Member
    • Jan 2012
    • 2199

    Award Is Taxable?

    I won an award this year from TLLCF Childrens Tylenol childcare provider award

    500 went to the center I work for for the project I planned.... which is me because I am family childcare and 500 went to the teacher for her personal use.... again me.

    They also paid expenses to go get the award airfare and lodging

    So the question it Is it all income?
    It:: will wait
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    award

    Originally posted by itlw8
    I won an award this year from TLLCF Childrens Tylenol childcare provider award

    500 went to the center I work for for the project I planned.... which is me because I am family childcare and 500 went to the teacher for her personal use.... again me.

    They also paid expenses to go get the award airfare and lodging

    So the question it Is it all income?
    Congratulations! Yes, the award is income, including the airfare and lodging.
    http://www.tomcopelandblog.com

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