topic I received 300$ bonus on opening new checking account..bank has not sent any 1099INT or 1099MISC till date.As i As i dont want to wait ,can i add the same in my return? in After you file

I received 300$ bonus on opening new checking account..bank has not sent any 1099INT or 1099MISC till date.As i As i dont want to wait ,can i add the same in my return?

vasu-rathore23 — Thu, 06 Jun 2019 05:51:04 GMT

s it ok if i can report it as 1099INT rather than 1099MI...

iostream07 — Thu, 06 Jun 2019 05:51:05 GMT

s it ok if i can report it as 1099INT rather than 1099MISC...as i have received nothing from bank does it matter which form it needs to be reported under?

If you have not received a form 1099 from your bank, you...

MinhT — Thu, 06 Jun 2019 05:51:07 GMT

If you have not received a form 1099 from your bank, you can report this income as Other Reportable Income and describe it as Bonus from bank.

In TurboTax, open your return and follow these steps:

Click on Federal Taxes, then on Wages and Income
Under All Income, locate the Less Common Income section
Click Show more and click Start next to Miscellaneous Income at the bottom
On the next page, click Start next to Other Reportable Income (see attached screenshot).

is it ok if i can report it as 1099INT rather than 1099M...

iostream07 — Thu, 06 Jun 2019 05:51:12 GMT

is it ok if i can report it as 1099INT rather than 1099MISC...as i have received nothing from bank does it matter which form it needs to be reported under?

It is not interest received so do not report it as 1099-I...

MinhT — Thu, 06 Jun 2019 05:51:13 GMT

It is not interest received so do not report it as 1099-INT. The best option is to report this income as Other Reportable Income.

I have already efiled my return and just realized that I...

jarize — Thu, 06 Jun 2019 05:51:16 GMT

I have already efiled my return and just realized that I also received a bonus for opening a new checking account last year but I didn't receive any tax form; for this reason I forgot to include this as income. Should I amend my return? Or please advise on what to do. Thanks.

You'll need to amend your tax return to report this bonus...

MinhT — Thu, 06 Jun 2019 05:51:18 GMT

You'll need to amend your tax return to report this bonus. To amend: <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3288565">https://ttlc.intuit.com/replies/3288565</a>

Thanks much TuboTaxMinhT. Very helpful!

jarize — Thu, 06 Jun 2019 05:51:19 GMT

Thanks much TuboTaxMinhT. Very helpful!

Santander did not send me any Tax Forms for 2016... I now...

garyferguson13 — Thu, 06 Jun 2019 05:51:21 GMT

Santander did not send me any Tax Forms for 2016... I now have a $60 Bonus 1099-INT... This is not Interest... shouldn't this should be a 1099-MISC?