TaxGuyBill
Level 15

@dascpa wrote:

Sometimes the problem is the FMV of what was received if no 1099 was issued.  Long before the 1099's my wife (as a teen) was on The Price Is Right.  They gave her a few thousand dollars worth of junk (car wax, a sunroof for a generic car, cleaning products, etc.).  No 1099 and no value. 


 

But didn't she need to guess the retail price to win those?  😂