turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I reenlisted in the army for a $20,000 signing bonus but I still haven't received it, what should I put down

asking about the option it shows about receiving a armed forces bonus and if so how much was taxed, well I don't know because I still haven't received it yet
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
LeeM
New Member

I reenlisted in the army for a $20,000 signing bonus but I still haven't received it, what should I put down

You would not be taxed on that signing bonus until you actually receive it. So you will most likely report it on your 2019 tax return, when you do it in 2020.

View solution in original post

1 Reply
LeeM
New Member

I reenlisted in the army for a $20,000 signing bonus but I still haven't received it, what should I put down

You would not be taxed on that signing bonus until you actually receive it. So you will most likely report it on your 2019 tax return, when you do it in 2020.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question