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USAA Rewards Program

I received a distribution from a USAA real estate rewards network program in 2020. I did not receive a tax form for the money I received and the FAQ at USAA say to ask my tax advisor (TurboTax). How should I handle this money I received from this program? Thank you.

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1 Best answer

Accepted Solutions
JeffreyR77
Expert Alumni

USAA Rewards Program

This is taxable income, but not subject to self-employment taxes.  It can be entered into TurboTax Self-employed by going to Federal, Income and Expenses, Less Common Income, Other Miscellaneous Income 1099-A, 1099-C, Other miscellaneous taxable income.

 

 

 

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2 Replies
JeffreyR77
Expert Alumni

USAA Rewards Program

This is taxable income, but not subject to self-employment taxes.  It can be entered into TurboTax Self-employed by going to Federal, Income and Expenses, Less Common Income, Other Miscellaneous Income 1099-A, 1099-C, Other miscellaneous taxable income.

 

 

 

USAA Rewards Program

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