Prizes obtained by participating in games, contests, raffles or random combinations without advertising purposes

Included in this section are prizes that have been obtained as a result of participating in games, contests, raffles or random combinations.

Cash prizes

Through the data capture window, the withholding will record the full amount of the prize obtained and the withholding made without deducting the amount thereof.

The person who grants the prize is obliged to issue certification where these concepts appear.

Likewise, this section will indicate the withholdings and payments on account made on the prizes obtained, amounts that the program transfers to box 0603.

In-kind awards

Through a data capture window, the valuation of the prize (market value) and, separately, the payment on account made will be recorded (the amount of which the program transfers to box 0603. These concepts must appear in the certification that the person granting the prizes is obliged to provide.

In general, the "Full Income" will be the sum of the "Assessment" and the "Income on account", unless the amount of the latter has been passed on to the recipient. In this case, the amount of the passed-on payment will be entered in this box, so that the program does not add it to the valuation to determine the full income.

Property losses

Losses obtained by the game will only be reflected when amounts of money or economically evaluable objects are risked in any way on future and uncertain results dependent to some extent on chance, and that allow their transfer between the participants, regardless of whether it predominates in them. the degree of skill of the players whether it is exclusively or fundamentally luck, bet or chance. Prizes may be in cash or in kind depending on the type of game.

For tax purposes, and in accordance with what is defined above, the types of games in which no financial outlay is made, such as programs or contests developed in the media, or random combinations for advertising purposes whose consideration is the acquisition of a product. without any additional cost, losses cannot be computed in any case.

In no case will losses derived from participation in certain games (State Lotteries and Betting, Autonomous Communities, ONCE Draws, Red Cross) be computed.

Note: The tax regulations establish that certain prizes (State Lotteries and Betting, Autonomous Communities, prizes from the ONCE, Red Cross, etc.) are subject to a special tax, excluding any additional tax on personal income tax, so these prizes do not must be recorded in the declaration.

In 2021, the special tax applies to prizes over 40,000 euros.