Are winnings from the Porsche Raffle taxable?
Yes, winnings from the Porsche Raffle are taxable, including the Porsche and the $500 cash prizes. Taxes on all items are the sole responsibility of the winner.
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Yes, winnings from the Porsche Raffle are taxable, including the Porsche and the $500 cash prizes. Taxes on all items are the sole responsibility of the winner.