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50 / 50 raffle

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  • 50 / 50 raffle

    Pledges have been made and checks are in the mail ......How much can we give away in cash without having the winner fill out forms for Uncle Sam.. And is their a limit to how much can be donated with out any forms.??.. right now our pledges are at $80.00 .....This question needs to be answered correctly no guesses or I thinks......plz Uncle Sam does not except excuses. I spoke with some one who was pretty sure it couldn't be over $600.00 in cash as winnings without paper (tax 1099) it is considered as income....I don't see it as a problem just a legal issue that has to be documented properly. I am sure no one wants a 1099 or to see his chairitable winnings Butchered by Uncle Sam. Paul maybe we have a legal person who is up on this. Please forward this if it is possible.
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