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nnnoremac
New Member

If I received a $100 bonus from my bank, do I have to include this as income and how?

I opened a Bank of America account and received a $100 bonus after qualifying. What is the correct process in adding this $100 as a form of income on my tax return?
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If I received a $100 bonus from my bank, do I have to include this as income and how?

To report your bank bonus earned in TurboTax:

  • Type in 1099-int in the search box, top right of your screen, then click the magnifying glass

  • Click the jump to 1099-int link in the search results.

  • Follow the onscreen instructions to enter

On the Let's get your 1099-INT or brokerage statement details page, enter your bonus in

Box 1 - Interest income

 

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