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Confused on how to report Daily Fantasy Sports Winnings
I am very confused on how to report my Daily Fantasy Sports Winnings. I received a 1099 from Draftkings for $4599.
The article below by TT says to report as Other Income.
https://turbotax.intuit.com/tax-tips/general/tax-considerations-for-fantasy-sports-fans/L75xYecdS
However the IRS has stated they view DFS as Gambling. If that is the case, why do i receive a 1099 and not W2-Gs?
‎September 29, 2022
6:04 AM