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February 21, 2025
Question

Received a 1099-NEC from winning a contest. am not an employee, not a hobby, not as part of self employment. Just won a contest.

  • February 21, 2025
  • 1 reply
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Turbo Tax will not let just add this on my 1040 as additional income.

    1 reply

    KrisD15
    February 22, 2025

    Form 1099-NEC stands for Non-Employee Compensation. It is for, and only for, reporting income to a self-employed contractor. 

    TurboTax will demand you report the income as Self-Employment. 

    If this was for winning a game of chance, they used the wrong form. 

    Ask them to reissue a correct form and report it on Form 1099-MISC. 

     

     

     

     

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