topic USAA Rewards Program in Get your taxes done using TurboTax

USAA Rewards Program

jdw8868 — Mon, 22 Feb 2021 00:07:55 GMT

I received a distribution from a USAA real estate rewards network program in 2020. I did not receive a tax form for the money I received and the FAQ at USAA say to ask my tax advisor (TurboTax). How should I handle this money I received from this program? Thank you.

Re: USAA Rewards Program

JeffreyR77 — Mon, 22 Feb 2021 01:26:11 GMT

This is taxable income, but not subject to self-employment taxes. It can be entered into TurboTax Self-employed by going to Federal, Income and Expenses, Less Common Income, Other Miscellaneous Income 1099-A, 1099-C, Other miscellaneous taxable income.

Re: USAA Rewards Program

jdw8868 — Thu, 25 Feb 2021 00:51:32 GMT

That worked, thank you!