Matt Whiting wrote:



AOPA says plane will have a FMV of $135K I believe someone said. If I
win and put it up for sale but can only get $100K then that's the
value as far as the IRS is concerned. Only if you keep it does the
$135K have any bearing.


Better sell it in the same tax year as you win it then!


Yep, that's why they give it away in January.