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Retirement tax questions
Regardless of what you did with the income, it is still taxable. Include it as other income with some variation of the words "account opening bonus".
Follow these steps to enter other income.
- Federal Taxes ->
- Wages & Income ->
- I'll choose what I work on -> scroll to the bottom and under
- Less Common Income select Start (or Update) for
- Miscellaneous Income
- Other reportable income and you can enter your own description(s) and amount(s)
‎February 19, 2022
4:56 AM