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 ...
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...
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...
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...