- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Gift cards you receive from Mobee is taxable as other income. If the value of your rewards was $600 or more, you should have received a Form 1099-MISC. If you did not receive a Form 1099-MISC then report as Other Income in TurboTax as follows:
- Type "Other Income" in Search and hit Enter
- Click on "Jump to other income"
- Answer "No" to "Did you get a 1099-MISC"
- Continue through the interview till you get to "Less Common Income" and click on it.
- Scroll to the bottom of the page and click on "Start" next to "Miscellaneous Income, ..."
- Click on Start next to "Other reportable income"
- Answer Yes to "Any Other Taxable Income?"
- Give a description (Shopping Rewards) and enter the amount
- The amount will be reported as "Other Income" on Schedule 1 of Form 1040
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 4, 2024
4:38 PM