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Level 2
posted Apr 1, 2023 8:41:06 AM

How to report investment app sign up bonuses

Last year I opened an account with an investment app and received $5.00 in bitcoin as a sign up bonus. 

Also, I received $5.00 in stock as a sign up bonus for another investment app.

How would I report these two bonuses on my taxes?  Thanks.   

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1 Replies
Expert Alumni
Apr 1, 2023 8:53:55 PM

You can report as Miscellaneous Income under Less Common Income.