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Get your taxes done using TurboTax
This amount should be reported on a W-2 as fringe benefit. See response from SundayInSalem.
In TurboTax online, here are the steps:
- Sign into your account, select Pick up where you left off
- From the upper right menu, select Search and type in 1099nec and Enter
- Select the Jump to 1099nec
- Follow prompts
- On screen " Does one of these uncommon situations apply?" select "Taxpayer's employer reported this extra money on a 1099-NEC but it should have been reported on a W-2".
- Follow prompts to file a SS-8 and Form 8919.
You will need to file a Form 8919 to report uncollectible Social Security and Medicare taxes on the amount.
@BarbK
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‎April 2, 2021
2:48 PM