- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-MISC for a bonus
My daughter received a 1099-MISC for a bonus received in 2019. Her 2018 employer was selling the company and paid her the bonus as recognition for her continued support during the sale. He did not pay her from his company that employed her, but rather from another company that he owned. Turbotax is flagging the entry as a possible error and insisting that I enter the zip code and other business information for her. She is not performing any services on the side and is not running her own business. I am not sure what to do at this point. Should I ignore the flags and proceed?
‎April 17, 2020
5:51 PM