I have opened a Chase checking account on July 2018, and received a joining bonus of $200. No tax has been deducted so far (SSN was provided during account opening) and no interest credit for this amount by the bank. Thus, I have not received any 1099-INT. Do I need to show as an income? If Yes, under which head (federal or state) and category I can do the same while filling my tax returns?
You'll need to sign in or create an account to connect with an expert.
Yes, you have to report this income as Other Reportable income>
In TurboTax, open your return and follow these steps:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jeannieb82
New Member
dweaver2575
New Member
alex-jones
New Member
sandesh09dec
New Member
wartiguejr
New Member