- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Right. Don't enter the winnings twice.
Enter the 1099-MISC and label it as "Gambling winnings".
Click Federal
Click Wages & Income
Click “See All Income” if needed
Scroll down (PAST SELF-EMPLOYMENT) to “Other Common Income”
Click “Show more”
Scroll down to “Form 1099-MISC”
Click Start
Enter the 1099-MISC and Continue
On the “Describe the reason for this 1099-MISC” screen enter something like “Gambling Winnings” and Continue
Select “None of these apply” and Continue
Select “No, it didn’t involve work like main job” and continue through the interview.
The amount from the 1099-MISC will be reported as Other income on the 1040 line 7a, not as Self-employment
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 28, 2020
12:20 PM