mclayton
New Member

1099-MISC Contest Winnings

I won a contest and received $500 and thus received a 1099-MISC. The only options TurboTax is giving me is royalty investment income or royalty income. I don't have a business for this, but Turbo Tax is now wanting me to enter a business?  How can I report this as prize money and not income as I don't have a business.