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jw44mag
New Member

I received a 1099-misc for a free drawing I won. The retail MSRP was entered in line 7 - Nonemployee compensation. Where do I enter this on my return?

The item was won on an on-line free drawing and the retail price ($2320.00) was entered in box 7. Since this was not gambling, where is the information entered?

This feature is pending. Thanks for your patience.
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2 Replies
Carl
Level 15

I received a 1099-misc for a free drawing I won. The retail MSRP was entered in line 7 - Nonemployee compensation. Where do I enter this on my return?

Reporting 1099-MISC (box 3 or box 7) that is not self-employment income

Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.

Enter the 1099-MISC exactly as printed, and then Continue.

Enter the reason you got this money – be it scholarship, bonus, streaking butt naked across the 50 yard line of the super bowl, whatever. Then continue.

Select None of these apply, then Continue.

Select No, it didn’t involve work….. and Continue.

Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.

Select No, it didn’t involve an intent to earn money, then Continue.

Select NO, then Continue.

Click the DONE button, and that does it.


I received a 1099-misc for a free drawing I won. The retail MSRP was entered in line 7 - Nonemployee compensation. Where do I enter this on my return?

Log in go to your Federal return.

Go to the search box, type "1099misc" (or any other "1099_" you need)

and click on the Jump To link.

 

TurboTax Deluxe 2017

 

From <https://ttlc.intuit.com/questions/4256577

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