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Good News - This Year's HGTV Dream Home Sweepstakes Includes Cash for Taxes

about.com » 2009 » December » 19th » Good News - This Year's HGTV Dream Home Sweepstakes Includes Cash for Taxes

For the past few years, HGTV has been giving away a car and a house in their Dream Home Sweepstakes. While this is an amazing prize, many people have blanched at the thought of having the IRS tax them on a $1.5 million jump in taxable income. Some people have even avoided entering the sweepstakes for this reason. But this year, HGTV is awarding $500,000 cash as well as the new car and the $1.5 … Continue Reading »

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