Should I report my USAA Senior Bonus Distribution as income? Helen ?

[hmacneil]

I received two of the above from my automobile association totaling $56.30 in the year 2017.  Does that need to be reported as income?

[AnnetteB · Accepted solution]

No, it is considered to be a return of premium (like a rebate), so it is not taxable and would not be included on your tax return.