I would assume that the retail value of the aircraft would need to be
added to your 1040 as regular income. Just like lottery winners, game
show winners, etc.

- - - -
Al


Jon Kraus wrote:
Does anyone know if there would be tax consequences for the lucky winner
of the AOPA Commander 112. Thanks!!

Jon Kraus
'79 Mooney 201
4443H @ TYQ