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Winners of prizes valued at $250 or above: Prize Suzuki Vitara $5,000 in eftpos Gift Cards Fuel for a Year with Shell Westinghouse 600L Fridge $2,500 in eftpos Gift Cards $2,500 Ultimate Holiday Escape
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Organizations or companies running a promotion or contest that awards major prizes
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Major prize winners.docx is a document used to report information regarding individuals who have won significant prizes or awards, often for tax reporting purposes.
Individuals or organizations that award significant prizes, typically with amounts that are taxable, are required to file the major prize winners.docx.
To fill out the major prize winners.docx, you need to provide the winner’s name, address, Social Security number, details of the prize awarded, and the amount of the prize.
The purpose of major prize winners.docx is to ensure that the winnings are reported for tax purposes and that taxes are appropriately applied to the prize recipients.
Information such as the winner's name, address, Social Security number, the amount of the prize, and the date the prize was awarded must be reported on major prize winners.docx.
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