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Level 2
March 21, 2021
Solved

Indian tribe distributions

  • March 21, 2021
  • 10 replies
  • 38 views

  My wife and son both receive a once-a-year distribution from their indian tribe, how would I report this?

Best answer by PattiF

  Ok, so I don't have to report it anywhere in TT?


No, you so not have to report this anywhere in TurboTax.

10 replies

Level 15
March 21, 2021

To clarify this, what state do you live in and on what form, if any, is the distribution reported?

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Level 2
March 21, 2021

 We live in Oklahoma, but the tribe's reservation is in Red Lake, Minnesota. The payments were not recorded on any 1099 forms. They just received $500 checks, from the tribe's. The money comes from a yearly  settlement the federal government pays to the tribe.

Level 15
March 21, 2021

This is not counted as income. 

 

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