I received $500 from a company as a referral bonus and filed W9 with them. Do i need to report this income to IRS? if yes, where should i include report it while filing?
025810
1 Best answer
bwa
Alumni
Jun 4, 2019 4:08:07 PM
Yes, you need to report it as it's taxable.
Under the
wages and income tab select "Explore On My Own", and
at the
bottom under "Less Common Income" select Miscellaneous Income, then
select
Reportable Income, then
Select
"Yes" and, in the next screen, describe the income.
2 Replies
bwa
Alumni
Jun 4, 2019 4:08:07 PM
Yes, you need to report it as it's taxable.
Under the
wages and income tab select "Explore On My Own", and
at the
bottom under "Less Common Income" select Miscellaneous Income, then
select
Reportable Income, then
Select
"Yes" and, in the next screen, describe the income.
saurabh_agrawal
New Member
Jun 4, 2019 4:08:09 PM
I have a similar scenario but the company is not giving me any kind of 1099 document or anything against that. What should be done in such a case?