WKins2
Expert Alumni

Deductions & credits

Yes, it would be considered taxable income and would need to be reported as Other Miscellaneous income in the program. 

 

To get there, follow these steps:

 

1. Login to your account

2. On the left side of the screen, click Tax Tools

3. Click Tools

4. Click Topic Search, type in 'Other Miscellaneous Income'

5. Answer the questions and follow the prompts and you will be able to enter in the other income on the return. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"