https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099-misc/01/1373371#M142982 <P>You would need to include the total amount as income.&nbsp; If you had any lottery winnings, you might be able to deduct the losing tickets up to the amount of your winnings, but only if you itemize deductions.</P> Sat, 28 Mar 2020 20:40:21 GMT MaryK4 2020-03-28T20:40:21Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1099-misc/01/1373264#M142975 <P>If I received a 1099-Misc for $800, but only $500 was cash and $300 were State lottery tickets, is that&nbsp;consideration for adjustment to value of prizes and awards.&nbsp; I did not receive any value for the&nbsp;tickets?&nbsp;&nbsp;</P> Sat, 28 Mar 2020 20:22:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1099-misc/01/1373264#M142975 CDCJWC 2020-03-28T20:22:33Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099-misc/01/1373371#M142982 <P>You would need to include the total amount as income.&nbsp; If you had any lottery winnings, you might be able to deduct the losing tickets up to the amount of your winnings, but only if you itemize deductions.</P> Sat, 28 Mar 2020 20:40:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099-misc/01/1373371#M142982 MaryK4 2020-03-28T20:40:21Z