I was issued a W2-G at time of sweepstakes winning. Company also issued me a 1099-misc. Which one do i claim?

grecmelendez · ‎June 4, 2019

I won a sweepstakes and received a W2-g with my winnings. I have all of this entered on my 2016 Tax return Form. I recieved a 1099-Misc from the same company last month. Do i need to enter the 1099? Wouldn't it be double dipping?

The W2-G has federal and state taxes on it. The 1099 shows the same total tax amount but doesn't have the tax breakdown.

IreneS · ‎June 4, 2019

Congratulations on your win!

If the W-2G contained the entire amount of the winnings, do not include the information from the 1099. Just keep it with your tax documents. If you receive a letter from the IRS asking about the 1099, just explain that it duplicated the W-2G.

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View solution in original post

IreneS · ‎June 4, 2019

Congratulations on your win!

If the W-2G contained the entire amount of the winnings, do not include the information from the 1099. Just keep it with your tax documents. If you receive a letter from the IRS asking about the 1099, just explain that it duplicated the W-2G.

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

I was issued a W2-G at time of sweepstakes winning. Company also issued me a 1099-misc. Which one do i claim?