garyweintraub
Returning Member

Salary Theft - Bounced payroll checks.

Based in Texas - My wife worked remotely for a Montana Company.  The company was going under and during that time they bounced multiple employee paychecks to her totaling almost $27,000. This income is still listed under the w2 as if she received it. Where and how should this loss be reported on Federal taxes and Montana State Taxes?