Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
D
davidhartenwatson
March 23, 2025
Question

What do I put for "Describe the reason for this 1099-MISC" when the 1099-MISC is from the Predictit election bettering market? Gambling winnings? Research study?

  • March 23, 2025
  • 1 reply
  • 0 views
What do I put for "Describe the reason for this 1099-MISC" if the 1099-MISC is from the Predictit election bettering market? Gambling winnings? Research study? Prophecies?

    1 reply

    L
    LeticiaF1
    March 24, 2025

    For the description, you should enter would be gambling winnings.  

     

    Where do I enter a 1099-MISC?

    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification