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New Member
posted Jun 1, 2019 4:29:23 PM

For gambling winnings what is the difference between box 1 and box 14 on the W-2G?

If I enter both amounts reflected, then it appears I won double the prize.  

0 4 919
4 Replies
Intuit Alumni
Jun 1, 2019 4:29:25 PM

https://turbotax.intuit.com/tax-tips/irs-tax-forms/video-guide-to-irs-form-w-2g-certain-gambling-winnings/L6lR85aFD

The form itself will have a number of boxes, but for purposes of preparing your tax return, boxes 1, 2 and 14 are the most important. Box 1 reports your taxable gambling winnings, box 2 reports the federal income taxes withheld and box 14 reports the amount of state income taxes withheld. You must report the amount in box 1, as well as your other gambling winnings not reported on a W-2G, on the "other income" line of your 1040.

New Member
Jun 1, 2019 4:29:26 PM

Understood, but when I enter box 1 and box 14 it doubles the winnings, which is inaccurate. If I won $3,000 it should show $3,000 and not $6,000 based on the two entries being made as reported winnings and state winnings

Level 3
Jun 1, 2019 4:29:27 PM

Disregard. see another answer with the screenshots.

Level 3
Jun 1, 2019 4:29:28 PM

I was not able to duplicate this when entering $3,000 on box 1 and 14. 

Could you check your entries to ensure you don't have a duplicate W-2G? Also, there is another screen that says "Did you receive gambling or lottery winnings that weren't reported on W-2G?" Go through that section and make sure there are no entries. (see screenshots)