If you win an Oscar at the Academy Awards are you taxed on it?

Yes, yes you do. Not only on the fair market value of the statue itself but also on all the swag attendees, nominees, and winners get.

Meet Leading Tax Advisors

Partner

Philadelphia, PA

Managing Tax Consultant

Des Plaines, IL

Rancho Santa Fe, CA

Title

International Tax Advisor

Panama City, Panama

President/ Tax And Financial Advisor

Scottsdale, AZ

Managing Tax Lawyer

Katy, TX

Tax Advisor/Fiduciary Coach

San Diego, CA

Tax Lawyer

Toronto, Canada

Senior Tax Principal

Daytona Beach, FL

Managing Tax Advisor/CEO

Orlando, FL