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My W-2G includes amount I gave to investors in a 1099-MISC. Where do I net out the total W-2G amount I owe taxes on?
a person invested in my tournament entry. I issued a 1099 to them for portion of winnings reported to me in a W-2G. Where do I report this in my tax return so I don't pay taxes on full prize amount.
‎February 28, 2025
10:26 AM