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1099-NEC Bonus from Work
I received a 1099-NEC that is for the gift cards I received from work for meeting selling/performance goals. The payer listed on the 1099-NEC is not my direct employer but owns the business I work for. Yes clearly a loop-hole they are using, but how do I report this on my taxes? I do not have a business and am not self-employed. Last year we were told to report it as other income, but that may have been the wrong advice. How do I report this without creating a business?
‎April 12, 2024
4:44 AM