Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 9:14:52 PM

I received $700 in Amazon gift cards as a reward. Do I have to report that?

0 1 2014
1 Replies
Level 15
Jun 4, 2019 9:14:54 PM

You report online 21 of a 1040.

To enter miscellaneous income in TurboTax Online or Desktop on line 21, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab ("Personal" tab in TurboTax Home & Business)
  2. Next click on “Wages & Income” ("Personal Income" in TurboTax Home & Business)
  3. Next click on add more income “I’ll choose what I work on” (jump to full list)
  4. Scroll down the screen until to come to the section “1099-MISC and Other Common Income
  5. Choose “Income from Form 1099-MISC” and select “start’
  6. Enter your 1099-MISC information
  7. Click through the screen for work description.
  8. Does one of these uncommon situations apply? - None of these apply
  9. Did the involve work that's like XXXX main job? - No
  10. How often did (you) get income for ? Just leave as 2017 only
  11. Did the involve an intent to earn money? No

Now your income will be reported on line 21 on your 1040.