If a for-profit that you volunteer at gives you an achievement award or thank-you gift, is it taxable?

pumpkin1007 — Thu, 06 Jun 2019 15:19:54 GMT

It's a startup dependent on volunteers in its pre-revenue stage.

Yes, your thank you gift must be reported as Other report...

MinhT — Thu, 06 Jun 2019 15:19:56 GMT

Yes, your thank you gift must be reported as Other reportable income.

In TurboTax, open your return and follow these steps:

Click on Federal in the left-hand column, then on Wages and Income on top of the screen
Scroll down to All Income, locate the Less Common Income section
Click Show more and click Start next to Miscellaneous Income at the bottom and click Show More
On the next page, click Start next to Other Reportable Income.