Received joining bonus of $200 from Chase on Jul'18. No tax deducted & no interest from bank. No 1099-INT provided by bank. Where to show this money in tax return filing?

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?

2011

Expert Alumni

Jun 4, 2019 12:05:07 PM

Yes, you have to report this income as Other Reportable income>

In TurboTax, open your return and follow these steps:

Click on Federal in the left-hand column, then on Wages and Income on top of the screen
Scroll down to All Income, locate the Less Common Income section
Click Show more and click Start next to Miscellaneous Income at the bottom and click Show More
On the next page, click Start next to Other Reportable Income (see attached screenshot).
Describe the income as Chase bonus and enter the amount

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Received joining bonus of $200 from Chase on Jul'18. No tax deducted & no interest from bank. No 1099-INT provided by bank. Where to show this money in tax return filing?