Do the winners on the show Cash Cab have to pay taxes on the winnings?
Yes, all income, and winnings are taxed by the United States Government. The contestants will fill out tax forms after the show.
Answered -
About Tax Forms
Tax forms report financial information to state and federal tax bureaus. Individuals or corporations file these forms with the respective tax organization. Their are many different types of tax forms, however the most popular is the 1040 (Individual Income Tax Return).
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