You'll need to sign in or create an account to connect with an expert.
Yes, and you need to report it.
You need to report the bonus is because it is still income and the IRS requires you to report all your income.
Depending on your other income and your tax rate, you may actually get a refund of some of the taxes withheld.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
knownoise
Returning Member
mpiseter
New Member
evan-scott1
New Member
amarvin1
New Member
dmwessner
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.