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June 5, 2019
Question

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

  • June 5, 2019
  • 1 reply
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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?

1 reply

Employee
June 5, 2019

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