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June 1, 2019
Question

How do I claim prize winnings? I have a 1099-MISC but not seeing where to enter. Thanks.

  • June 1, 2019
  • 1 reply
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It was for a prize-winning photograph. He's not a professional and it wasn't for business.

1 reply

June 1, 2019
1. Log into your TurboTax Online Account and enter your Tax return through Tax Timeline
        2. From the uppermost Main Tab select and click on Federal Taxes
        3. In the next screen and Secondary tab select and click on Income and Expenses
        4. In this screen scroll down and find Other Common Income and click on Show More
        5. In the dropdown you will click on the Start button next to 1099-MISC.

The program will walk you through entering all of the information from your 1099-MISC for winnings. It is very important that the Dollar amount you enter is from Box 3 of the 1099 that is labeled as Other Income. This will keep that income in the proper section of your 1040.

I hope this answers your question!
millsgotAuthor
June 1, 2019
There is nothing in Box 3. We have a dollar amount in Box 2 under Royalties.