turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Received a 1099-NEC from winning a contest. am not an employee, not a hobby, not as part of self employment. Just won a contest.

Turbo Tax will not let just add this on my 1040 as additional income.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
KrisD15
Employee Tax Expert

Received a 1099-NEC from winning a contest. am not an employee, not a hobby, not as part of self employment. Just won a contest.

Form 1099-NEC stands for Non-Employee Compensation. It is for, and only for, reporting income to a self-employed contractor. 

TurboTax will demand you report the income as Self-Employment. 

If this was for winning a game of chance, they used the wrong form. 

Ask them to reissue a correct form and report it on Form 1099-MISC. 

 

 

 

 

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question