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Author: Bob78164 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120825  
Subject: Reporting question for 2012 income Date: 4/16/2012 5:23 PM
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Playing tournament bridge is among my avocations. A couple of months ago, my team was fortunate enough to win the right to represent our District in an event at the upcoming North American Championships.

The victory comes with a $250 per person stipend. I am eligible for the stipend only if I actually play in the national event, which requires me to fly across the continent and take a hotel room for as many as four nights. I believe I also have to pay card fees, which will be $36 per day for as many as five days. As you can imagine, the expenses will easily swallow the stipend. It is unlikely that I would have attended the tournament had we not won the event.

I can't imagine that I'll end up being taxed on the stipend. What will be the appropriate way to report it?

Thanks for any help. --Bob
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