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Level 1

Solved

Where do I list income from a USAA distribution?

1 reply
32 views

A variable check arrives every December. There are no associated 1099's

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Leonard11_2Answer

Level 10

You do not have to list or report your USAA distribution.

Your distribution is considered to be a return of premium, a rebate, so it is not taxable and you do not include it on your tax return.

Leonard11_2Answer

Level 10

You do not have to list or report your USAA distribution.

Your distribution is considered to be a return of premium, a rebate, so it is not taxable and you do not include it on your tax return.