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Featured Highlights Win $25,000!!! HoleinOne Prize 1 Free Club per Golfer Fabulous Gifts and Prizes . . . and a terrific raffle!!Race Brook Country Club 246 Derby Avenue Orange, CT (203) 3899521Knights

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What is 25000 hole-in-one contestgolf fundraiser?

The $25,000 hole-in-one contest golf fundraiser is a promotional event where participants pay an entry fee for a chance to win a cash prize of $25,000 by making a hole-in-one shot on a designated hole during a golf tournament.

Who is required to file 25000 hole-in-one contestgolf fundraiser?

Organizers of the hole-in-one contest who offer cash prizes are typically required to file the appropriate tax forms with the IRS, which may include reporting the contest to ensure compliance with tax regulations.

How to fill out 25000 hole-in-one contestgolf fundraiser?

To fill out the form for a $25,000 hole-in-one contest, organizers must provide details such as the name of the organization, date of the event, number of participants, and prize amounts. Specific IRS forms may include Form 1099 for reporting winnings.

What is the purpose of 25000 hole-in-one contestgolf fundraiser?

The purpose of the $25,000 hole-in-one contest golf fundraiser is to raise funds for a charitable cause, enhance community engagement, and promote the sport of golf while offering participants a chance to win a substantial prize.

What information must be reported on 25000 hole-in-one contestgolf fundraiser?

Information that must be reported includes participant details, prize details, event date, and any other financial information pertinent to the contest as required by IRS regulations.

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