I won some money from mass were to I file that

shawn-sousa — Wed, 05 Jun 2019 01:12:17 GMT

If your winnings are more than $600, then normally you wi...

PhyllisG — Wed, 05 Jun 2019 01:12:18 GMT

If your winnings are more than $600, then normally you will receive an information statement (Form W-2G or Form 1099-MISC). If your winnings were less than $600, then you may not receive an information statement, but the amount is still a reportable and taxable event to the federal government and the state of Massachusetts.

The Form 1099-MISC is used to report prizes that do not consist of wagers. The Form W-2G is used to report gambling and lottery winnings.

If you have received a Form 1099-MISC with an entry in Box 3, do this will in your return:

Type Form 1099-MISC in Search
Click the Jump to form 1099-misc link or the Go to Form 1099-MISC button
Begin entering your data and follow the prompts

If you have not received a Form 1099-MISC Box 3, then you should do the following

Select Federal in the menu to the left
Select the Income and Expense tab
Scroll to Less Common Income under the All income section
Scroll to Miscellaneous income and click Start
Scroll to Other Reportable Income, click Start
Begin navigating through the prompts to enter the winning(s)

If you have and/or have not received a Form W-2G do the following:

Select Federal located in the menu to left of the screen
Click the Income and Expense tab
Scroll to Less Common Income under the All Income section
Chose Gambling Winnings and click Start
Navigate through the program. It will ask if you have or have not received the Form W-2G. Answer the question accordingly and continue through the prompts

Either input method that is utilized in TurboTax will populate your Massachusetts return.

topic I won some money from mass were to I file that in Retirement tax questions

I won some money from mass were to I file that

If your winnings are more than $600, then normally you wi...