JamesG1
Expert Alumni

Get your taxes done using TurboTax

The intent of the ‘Less Common Income’ method is to not enter the W-2.  However, I can see the advantages of posting the $1 W-2.

 

This help explains how to enter any Federal or state withholding (not Social Security and Medicare in boxes 4 and 6).

 

Be sure to retain all your documentation.  The IRS is likely to ask questions about this income at some later time.

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