Spouse, an editor, received 2 awards last year for a newspaper series. When listed under "other income," the description prints as "gambling winnings." How to change?

sn76102 · ‎June 6, 2019

These are not gambling winnings.

jtax · ‎June 6, 2019

Revisit the 1099-MISC section and go through the form entry and questions. I think you answered that it was "prize money" (in the question on do any of these uncommon situations apply). Go back to that question, choose "none of these apply" and answer the remaining questions.

TT is thinking prizes = gambling. (Which can matter because you can deduct losing bets up to the amount of winning bets you have but no further).

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View solution in original post

jtax · ‎June 6, 2019

Revisit the 1099-MISC section and go through the form entry and questions. I think you answered that it was "prize money" (in the question on do any of these uncommon situations apply). Go back to that question, choose "none of these apply" and answer the remaining questions.

TT is thinking prizes = gambling. (Which can matter because you can deduct losing bets up to the amount of winning bets you have but no further).

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

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Spouse, an editor, received 2 awards last year for a newspaper series. When listed under "other income," the description prints as "gambling winnings." How to change?