ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The discount is wage income not subject to social security or Medicate tax. You can enter it in TurboTax as follows:

 

1. Go to the Wages and Income section of TurboTax

2. Choose Less Common Income then Miscellaneous Income, 1099-A and 1099-C

3. Choose Other Income not already reported on a Form W-2 or Form 1099

4. Indicate that you had Other Wages Received

5. On the screen that says Any Other Earned Income? say yes

6. Indicate that the source of income was employee compensation not reported on a W-2

7. Report the wage income and use reason code H 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"