RobertB4444
Expert Alumni

Investors & landlords

Simplest to use - and the methos I would use - is just reporting it as 'Other Income' on line 8 of schedule 1.  

 

In TurboTax that involves scrolling all the way to the bottom of the wages and income section to 'Less Common Income', clicking on 'Miscellaneous Income' and then 'Other Reportable Income'.  You can enter a description there of 'Vacation Club Points' or something and then you can enter each of the two forms.  Since neither of these were self-employment income or income from renting property that is the best way to enter it.

 

@4Browns 

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