Are you saying that a W-2 for you in the amount of $2,740 in box 1 has been transmitted and accepted? But now you would like to report the $2,740 as self-employment income subject to income tax and self-employment tax?
If that is the case, the IRS will be looking for that W-2 income to be reported on your Federal 1040 tax return.
The IRS will also be expecting the employer to remit the $209.61 in Social Security and Medicare tax payments and to be reported and paid on a Federal 941. In addition, other Federal and state forms are likely required to be filed.
The issuer may be willing and able to correct your W-2 with an IRS form W-2c.
I recommend that you not file a Federal 1040 tax return until the status of the W-2, W-2c and $2,740 self-employment income has been clarified.
@Disnino
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
