How do I enter information for DraftKings Reignmakers when my taxes? There are columns for purchases and sales of cards they'll provide in a spreadsheet but no 1099.

Forum|Forum|2 years ago
December 28, 2023
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I'm not sure if it matters but there are also columns for the fees and net proceeds based on the sale price. I'm not sure if I'm also going to need the cost of purchasing or estimated value of packs I've purchased/received. How would I find that information and how should I enter it into TurboTax?

TurboTax Online

Anonymous_

Employee

What would you consider this activity to be in your mind?

A business? An investment? A hobby?

GuchmanAuthor

@Anonymous_ That's another question I need answered. I would say hobby but I'm not entirely sure in this instance. That's why I need someone that's familiar with Reignmakers. It's a very specific thing and someone that doesn't know what I'm referring to won't be able to answer my questions effectively because it's a very unique thing and me explaining it and trying to make comparisons so it's understandable to an outside won't work particularly well.