LisaBr
New Member

Get your taxes done using TurboTax

You can enter the award and expenses from the fishing tournament from Form 1099-MISC as follows:

1.  Go to Federal, select Wages and Income.

2.  Choose Less Common Income, then Miscellaneous Income Form 1099A, 1099C

3.  You'll see a list and you can choose Hobby Income and Expenses. 

This is where you can enter the income information on your 1099-MISC and the expenses you incurred.