LilFos
Level 3
02-03-2024
12:15 PM
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I would like to give you my example of this. I have a client who received a 1099-Misc for a truck that was won at a casino, I placed the amount in Box 3 as Other Income and checked the box for Winnings(Prizes, etc.) The information you get when you click on the About Prizes indicates that the amount will transfer the income to line 2b (of the Other Income Statement.
However it does not do the transfer. Am I reading this incorrectly. Please advise