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How do I enter a casino prize? on “additional income on form Schedule 1”? Is it gambling or “prizes & awards”. It is reported on a 1099- misc form?

Where I report 1099- misc information?
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1 Reply
MaryK4
Expert Alumni

How do I enter a casino prize? on “additional income on form Schedule 1”? Is it gambling or “prizes & awards”. It is reported on a 1099- misc form?

If it is reported on a 1099-MISC, you can enter it in that section.  Read the follow-up questions carefully to get the correct reporting.  

 

Look under Wages & Income - Other Common Income -- Form 1099-MISC.

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