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June 6, 2019
Question

Should a regular employee receive a 1099-Misc for a year end safety bonus or longevity bonus for time spent as an employee?

  • June 6, 2019
  • 1 reply
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I am not self employed or acting as a contractor.  I am a company truck driver, driving a company owned truck, not my truck, not my company.  At the end of the year I was paid a "Safety/Longevity Bonus" because I had no accidents or damage to any equipment.  The amount paid was entered in box 3 "other income" of the 1099-Misc.

    1 reply

    June 6, 2019

    It's common that employers issue a 1099-MISC for awards.  This way no employment taxes are withheld.

    You can enter the 1099-MISC in TurboTax as "Other Common Income,"  which is reported on line 21 of the 1040 and  will not generate SE tax.  Please use the following steps:

    1. Click on Federal Taxes > Wages & Income. [In TT Self-Employed:  Personal > Personal Income > I'll choose what I work on.]
    2. Scroll down to the Other Common Income section. 
    3. Click on the Start/Revisit box next Form 1099-MISC.  [See Screenshot #1, below.]
    4. On the screen Did you get a 1099-MISC?  click on the Yes button. [Screenshot #2]
    5. On the next screen, Let's get the info from your 1099-MISC, enter the information from the 1099-MISC.
      [Screenshot #3]
    6. On the following screens, answer the following questions:
      • Did it involve work that's like your main job? No.
      • You got it in 2016
      • No, it didn't involve an intent to earn money

          7.  Continue through the rest of the interview screens. The income will appear on line 21 of form 1040 (Other Income).