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Get your taxes done using TurboTax
Your bonus from the bank is not non-employee compensation, the 1099-MISC would report it in box 3 Other Income. The bonus did not involve the intent to earn money.
You report it in the 1099-MISC section. To get back to the place to enter your income:
- Click the "magnifying glass Search" icon on the top row,
- Enter "prizes" in the search window and hit return or enter,
- Click on the "Jump to prizes" link.
You can treat the income as if it were a "prize".
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‎February 28, 2020
5:59 AM