Enter the amount as "Other reportable income."
- In TurboTax Online, click on Federal on the left
- Then Wages & Income at the top
- Scroll down to Less Common Income
- Select Miscellaneous Income, 1099-A, 1099C
- On Miscellaneous Income, select Other reportable income
- Say Yes to Any Other Taxable Income?
- Enter a description and an amount
If you win a prize in a lucky number drawing, television or radio quiz program, beauty contest, or other event, you must include it in your income. For example, if you win a $50 prize in a photography contest, you must report this income on Schedule 1 (Form 1040), line 8 (this is where TurboTax is putting it).
Prizes and awards in goods or services must be included in your income at their FMV.
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