Tax season is upon us and that can only mean one thing - the dreaded 1099-misc.
Here's what Snapdraft sent me this year:
And I never played one contest over $5 all year.
Unfortunately, the 1099 form doesn't include the deduction for contest fees. You have to itemize the deductions, unless you're a broke ass (like me) and take the standard.
I declare all of my income from my fantasy winnings and have every year since I started playing. After all, it is a game of skill, right?
Good luck with your tax returns this year.