Contest or Prize Winners
Contest prize winnings are tax reportable to the IRS. In order for Accounts Payable to distribute prize money, the following guidelines are being provided.
Payment Request
- A Payment request, direct pay form, must be completed for each winner
- For ºÃÉ«ÏÈÉú Student winners, the Student ID # must be noted
- Supporting documents such as a copy of a web posting/flyer or other announcement
- Payment approval follows the campus signature authority guidelines
Tax Documents
Each payee, including students, must have a completed vendor 204 form with a US TAX ID #.
All prizes are tax reportable to the IRS and additionally will be reported to financial aid if a ºÃÉ«ÏÈÉú student.
- For foreign individuals that cannot complete a 204, all the following other items are required:
- Foreign National Information Form: (DocuSign) or (PDF)
- A copy of passport (1st page with their personal information)
- Copy of visa; I and I-94 travel history
- Copy of I-20 (if payee is F-1 student)
- For foreign entities, not an individual, a W-8BEN-E is required in lieu of a vendor 204
- If the payee is foreign, please contact TAX@csulb.edu for assistance
Submission to Accounts Payable
In order for Accounts Payable to distribute prize money, each winner/payees’ documents are to be submitted to Accounts Payable in a separate email (one email per winner) to FISINVOICEAPPROVAL@csulb.edu or FND-Invoices@csulb.edu
- The business unit funding the payments are identified in the first 5 letters of the email subject.
- Example - Subject Line: LBCMP_Doe, Jane_ Sunstone contest winner
- Example b - Subject Line: LB49R_Doe, Sally_Sunstone contest winner
- Example c – Subject Line: LBFDN-Doe, Sam_Sunstone contest winner
Each PDF for the payee should be a separate file.
(One PDF for the pay request and one for the Vendor 204 form, etc.)
- Payment will be completed by Check
- EFT forms are not required
For any questions contact Ronald.Soth@csulb.edu for LBCMP or Annette.Harris@csulb.edu for Research Foundation