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CALL FOR ENTRIES 2017 Doug Moran National Portrait Prizefight PRIZE MONEY $150,000 Total prize money $180,000 Closing date for entries Wednesday 30 August 2017 The Doug Moran National Portrait Prize
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The first prize money is a cash prize of $150,000 awarded to the winner of a competition or contest.
The recipient of the first prize money is required to file the winnings on their tax return.
The first prize money should be reported as other income on the recipient's tax return form.
The purpose of the first prize money is to reward the winner of a competition or contest for their achievement.
The recipient must report the amount of the prize money, the name of the organization or sponsor awarding the prize, and any relevant tax ID numbers.
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