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Get your taxes done using TurboTax
It's notifying you that this amount should have been reported to the employee on either a W2 or a 1099 since the amount that you have entered is greater than $600. If you have already filed the W2 or 1099 you don't need to worry about the red highlighting. If you haven't filed the 1099 or W2 yet then today is the deadline.
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‎January 31, 2024
11:13 AM