Deductions & credits

To report a 1042-S Bank Account Bonus in TurboTax follow these steps:

1. Open your return.
2. Select Federal tab.
3. Select Wages & Income tab.
4. Scroll down to Less Common Income, and Click Start next to Miscellaneous Income, 1099-A, 1099-C.
5. Scroll down to Other reportable income, Click on Start.
6. On Any Other Taxable Income? Page, Click on Yes.
7. Enter 1042-S Bank Account Bonus for the description, and enter the amount.  (See image below)
8. Select Continue; and then Select Done if you have no other items.

This income will show up on Schedule 1, Line 8z, with your description next to it.  It will carry forward to your 1040 form, Line 8.