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June 1, 2019
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Is a POD bank account transferred to me considered income?

  • June 1, 2019
  • 1 reply
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I received a cashiers check which I deposited into my bank account.
    Best answer by RachelW33

    No, a POD bank account transferred to you is not considered income to you and does not need to be reported on your Tax Return.

    1 reply

    RachelW33
    RachelW33Answer
    June 1, 2019

    No, a POD bank account transferred to you is not considered income to you and does not need to be reported on your Tax Return.

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