TurboTax Home and Business: Section Let's get your employee wages and work credit

[tgad1000]

Good morning,

I have this question, I paid someone to do the marketing research for my company. In the section "Let's get your employee wages and work credit". there is a table with description and amount. What should I put in the description? is it simply Marketing research and the amount? where would I put the name of the individual who did the work for me?

Best...

Tarek

[PatriciaV]

The description box for Wages is provided for your convenience. You can enter the employee's name, a department name, something else, or leave it blank.

[tgad1000]

Thank you! where would I put the type of work that this individual did?

[tgad1000]

On the same page there is this section, where it says

Enter the total work opportunity credit that you claimed. Enter monthly or yearly. what is that? what should I put there.

so my understanding, in the description, I put the name of the individual, and how much I paid him. please confirm.

Best...

Tarek

[PatriciaV]

Yes, enter their name, the type of work, or whatever helps identify the wages you paid in the description box and the wages in the amount box. The form sent to the IRS doesn't include this information.

Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring and employing individuals from certain targeted groups who have faced significant barriers to employment. If you aren't familiar with this credit and didn't apply for the program, you would leave this section blank.