458295
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How and where do I enter the relationship reward money I received from my credit union?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

How and where do I enter the relationship reward money I received from my credit union?

If they gave you money for example to open a checking account or have a friend open one, you are correct it is taxable income.

Click on “Take me to my return” button.
Click on Federal tab (left-hand side of screen).
Click in Wages and Income (near top of screen)
Scroll down to Less Common Income.
Click on Start next to Miscellaneous Income.

Click on Other reportable income.
  Follow the questions and type in bank name and amount earned.


View solution in original post

1 Reply

How and where do I enter the relationship reward money I received from my credit union?

If they gave you money for example to open a checking account or have a friend open one, you are correct it is taxable income.

Click on “Take me to my return” button.
Click on Federal tab (left-hand side of screen).
Click in Wages and Income (near top of screen)
Scroll down to Less Common Income.
Click on Start next to Miscellaneous Income.

Click on Other reportable income.
  Follow the questions and type in bank name and amount earned.


Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question