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Get your taxes done using TurboTax
First, you will enter the Form W2 information per the form you received in the "Job (W2)" topic. Next, you will offset the income reported in box 1 of your W2 by entering it as a negative amount in the "Other reportable income" topic.
- To enter the offset for the payments :Click on "Wages and Income" at the top. Scroll down to "Less Common Income" and click on Show More.
- Click on Start or Revisit next to Miscellaneous Income and then click on Start or Revisit next to Other Reportable Income and select "Yes" or "Add Another Income Item" if applicable
- In the "Description" section, enter "IRS Notice 2014-7 excludable income" and in the "Amount" section, enter the W-2 box 1 amount (or amount of IHSS Payments) as a negative (-) number
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March 1, 2021
8:26 AM