turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mellis
New Member

Won a prize got 1099 NEC not W2G

I won approx $4K in a drawing type contest.  They sent me a 1099 NEC not a W2G.  I entered the amount in when asked about 1099NEC.  But then I found the "did you win money?" question.  At the did you win money question the system is looking for a W2G.  Am I okay to leave as is and answer now to winning money.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Vanessa A
Employee Tax Expert

Won a prize got 1099 NEC not W2G

Yes, you can answer no to winning money.  That question is there just so TurboTax knows which forms to populate for you.  Since you already entered your prize money, there is no need to answer yes and have that form populated.

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

View solution in original post

2 Replies
Vanessa A
Employee Tax Expert

Won a prize got 1099 NEC not W2G

Yes, you can answer no to winning money.  That question is there just so TurboTax knows which forms to populate for you.  Since you already entered your prize money, there is no need to answer yes and have that form populated.

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

Won a prize got 1099 NEC not W2G

Thank you

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question