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This should be reported as "Other Income". to enter in TurboTax, while in your return:
- Click on Search and Type "Other Income" in the search window, and hit "Enter"
- Click on "Jump to Other Income"
- Enter the information from your Form 1099-MISC, and click on Continue
- Enter a description such as "Prize Winnings" and click on Continue
- On the screen with "Does one of these uncommon situations apply?", indicate "None of these apply"
- Answer "No..." to "Did the 'Other Income' involve work that's like your main job?"
- Answer "I got it in 2022" when asked "How often did you get income for 'Other Income'?"
- Answer "No, it didn't involve an intent to earn money."
The amount will be reported on line 8 of Schedule 1 (Form 1040).
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