I was given a 1099-misc for horse race winnings instead of a w2-g I want to make sure that I file winnings correctly so that I don't file it as 1099 income. So then I can deduct the equivalent losings.
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To enter the 1099-MISC so that it does not prompt a Schedule C, take the following steps:
This will place the 1099-MISC on Form 1040, Schedule 1, Line 21.
To learn more about gambling losses and your deduction for 2018, please see our TurboTax Blog article Can
I claim gambling losses on my return?
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