*SPIFF (Special Performance Incentives for Field Force) payments reported on Form 1099MISC (and now 1099-NEC); (1) are not treated as wages, (2) are not subject to federal income tax withholding, social security, Medicare, or federal unemployment tax, and (3) are not considered to be self employment income and, therefore, are not subject to self employment tax.
You can add it as other income
Wages & Income
- I'll choose what I work on
- Less Common Income select Start (or Update) for
- Miscellaneous Income.
- Other reportable income and you can enter your own description(s) and amount(s).
