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Business & farm
@smk5367 Enter the w2 as usual and then you need to enter the notice like this:
- You will be in the federal income section already.
- scroll down to Less Common Income and click on Show More
- Click on Start or Revisit next to Miscellaneous Income
- click on Start next to Other Reportable Income and select "Yes"
- In the "Description" section, enter "IRS Notice 2014-7 excludable income"
- In the "Amount" section, enter the W-2 box 1 amount as a negative (-) number
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‎April 30, 2021
7:17 PM