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February 6, 2024
Question

My employer shut down the business. He paid me a bonus on a separate check with no taxes with held. How do I report this?

  • February 6, 2024
  • 2 replies
  • 0 views
After the business had shut down.

2 replies

February 6, 2024

If it's not on the W2 form from your employer, I would report it as Miscellaneous Income. 

February 6, 2024

Your bonus money should be included in your W-2.  If he did not include it on your W-2, you will need to include it as miscellaneous income. you can enter it by selecting the following:

  • Federal 
  • Income
  • Miscellaneous Income Under Less Common Income
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