dcc56
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Turbo Tax does not allow this....at least I don't think it does when using the guided method. I entered the "prize" as a 1099 Misc and it does not consider any ...
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What's interesting in my case is that I had to gamble on slot machines in order to earn entries into a drawing where I eventually won a "prize". Usually when yo...
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I did the proper entry of my 1099 Misc. prize win but I have no W2G's to report.My win loss statement shows a loss higher than my prize win reported on the 1099...
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My return was rejected as well.I have a large amount won as a prize, but I had to play slots in order to obtain "entries" or tickets for the prize drawing. I at...
Activity Feed for dcc56
- Posted Re: I found the answer - you must indicate that the income on... on Get your taxes done using TurboTax. March 20, 2022 6:41 AM
- Got Cheered for Re: I found the answer - you must indicate that the income on.... March 19, 2022 4:47 PM
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- Got Cheered for Re: Can gambling losses be deducted from prize winnings reported on a 1099-misc?. March 17, 2022 11:03 PM
- Posted Re: Can gambling losses be deducted from prize winnings reported on a 1099-misc? on Get your taxes done using TurboTax. March 3, 2022 11:52 AM
- Posted Re: Can gambling losses be deducted from prize winnings reported on a 1099-misc? on Get your taxes done using TurboTax. March 3, 2022 11:35 AM