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Get your taxes done using TurboTax
Your employer is violating tax law by not properly reporting it an paying the employers share of Social Security and Medicare tax. Employers cannot give tax free gifts to employees.
About the only way to report it on your tax return so you properly pay the tax on it is to report it as above but reason H would be proper even though you did not receive any form.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎April 23, 2021
4:11 PM