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Do the olympic gold medal winners have to pay taxes on the medal?
Only U.S. Olympic athletes are liable to pay income tax on medals earned and prizes received at the London games. Under U.S. tax law, they must add the value of their Olympic medals and prizes to their taxable income. At today's commodity prices, the value of a gold medal is about $675. A silver medal is worth about $385 while a bronze medal is worth under $5. There are also prizes that accompany each medal: $25,000 for gold, $15,000 for silver, and $10,000 for bronze.
What is the value of a 1996 olympic torch?
being a torch bearer in the 96 Olympic games i would value it as priceless
What is a 1902 Athens Olympics volunteers medal value?
They pooped the money out
What is the value of a 1948 Olympic Games postage stamp?
What country? The US did not issue any Olympic stamps in 1948. its in great Britain
Dose the bronze star have monetary value?
Two Answers. A soldier who received the Bronze Star Medal does not receive any monetary award or bonus pay for this medal. The Bronze Star Medal is worth some money. The value depends on the age and if it is engraved with a soldier's name. If a Medal is part of a group of medals earned by a soldier is worth more if the medals are kept together as a group.
What is the value of the Olympic silver medal?
it is $1200,00 ********************************************************************************************************************************************************************************************************************************************************************
Value of 1912 olympic gold medal?
250,000.00
What is the value of an olympic bronze medal?
Worth 3rd place!
Dollar value of olympic gold medal?
About 650 bucks
What is the value of a colt army special?
Whatever you are willing to pay--colt is a true value gun and resale is tops
What is the value of an Olympic gold medal in pounds sterling?
i.no.very.little.about.gold.the.honour.of.winning.is.special.now.they.fantastic.........mr.phelps.a.one.off.collection.if.put.in.auction.starting.bid.i.do.not.know.100.mil
What is the value of a silver special olympic medal?
1200 dollars<<<-- This is completely wrong I would like to know how you even got your answer?! There not even real there fake so seriously your day dreaming.
Cash value olympic gold medal?
As the Olympic Gold medals aren't entirely gold, they are around ₤500-₤2000
What is the resale value of a Taurus 38 Special revolver?
Value of ANY gun is based on make, model, condition. There is not enough information in your question to answer it.
What is the resale value of a Taurus 38 Special model number 2-85002 1UL in excellent condition?
$150-$200
Do the olympic gold medal winners have to pay taxes on the medal?
Only U.S. Olympic athletes are liable to pay income tax on medals earned and prizes received at the London games. Under U.S. tax law, they must add the value of their Olympic medals and prizes to their taxable income. At today's commodity prices, the value of a gold medal is about $675. A silver medal is worth about $385 while a bronze medal is worth under $5. There are also prizes that accompany each medal: $25,000 for gold, $15,000 for silver, and $10,000 for bronze.
Do Hondas have good resale value?
A Honda's resale value depends on the type of Honda you are interested in. A 2001 Honda Prelude has a higher resale value than the 2002 Honda Passport.
