If my husband received extra non-taxed money marked as allowance for "school " , and he did not or does not go to school, is this taxable income? If so how to report?

Forum|Forum|7 years ago
June 1, 2019
1 reply
20 views

This money he received was added in under adjustments on his pay stubs, and was definitely NOT considered a wage or listed on his W-2. My concern is that he did NOT go to school or have education expences so can he have a tax free "allowance " for school and not pay tax on this?

TurboTax Home & Biz Windows

Best answer by kprice3

No, it is taxable income. Are you certain the amounts were not included in his W-2? I would consider talking to his employer about why the amounts were not in his W-2. I would also inquire about a corrected W-2. However, depending on what you find out, if you include in income I would add under miscellaneous income- UNCOMMON.

kprice3Answer

Level 7

Hal_Al

Level 15

You say it was not "listed" on his W-2. Are you sure, it was not already include in box 1 of his W-2? If not, I agree with TurboTaxKerriP, it is taxable income and should go on line 21, of form 1040, as other income