LenaH
Employee Tax Expert

Get your taxes done using TurboTax

The spouse you would enter the FMV adjustment to would be the spouse that received the 1099-MISC. You can tell this by looking at the Recipient's TIN on Form 1099-MISC.

 

On my mock-up return, prizes flow through to Schedule 1, Line 8h and the adjustment to the market value of prizes flow to Schedule 1, Line 8z. 

 

 

@NewUserName

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"