Shared Prize Forms Are Available (NEW DATE)

[Tom Kessenich]

We once again have forms that will allow you to distribute your prize winnings however you choose. In order to do that, you must contact me for the form ([email protected]), have it notarized and emailed back to me. The deadline for the form to be sent back to me for regular season prize winnings will be Monday Dec. 8.

If you'd like this form contact me and I'll get you all set up. Good luck to everyone in the hunt for prize money in all of our leagues.

[eliasond]

Is it also possible to defer the check until after the 1st in order to delay taxes to next year?

[eliasond]

Never mind I see you posted that info under a different topic. Thx.

[Tom Kessenich]

Please note there is a new date to return this form to me. It is now Monday Dec. 8.

[kingofbeers]

The minimum winnings for reporting to IRS is $600 (I think). If your team won $700 and you split this with your co-manager ($350 apiece), will the NFFC still be required to report the winnings?

THanks Bud

[Tom Kessenich]

The minimum winnings for reporting to IRS is $600 (I think). If your team won $700 and you split this with your co-manager ($350 apiece), will the NFFC still be required to report the winnings?

THanks Bud

You'll be taxed on the amount you receive from us. So if your winnings after using the forms are less than $600 you shouldn't be taxed.