The sponsorship sounds similar to a scholarship, where you are required to use it for a particular purpose, enrollment in a hockey league in this case. If so, it would be taxable. A gift is where you give someone something of value for which the recipient dose not need to do anything in return. If it is not a gift you would have to report it as "other" income.
You can make that entry in TurboTax as follows:
1. From the Federal menu in TurboTax find Wages and Income
2. Find Less Common Income
3. Choose Miscellaneous Income, 1099-A, 1099-C
4. Choose Other Reportable Income
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
