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crussell1968
New Member

I received a bonus but no tax was deducted. What do I do

 
2 Replies
Critter
Level 15

I received a bonus but no tax was deducted. What do I do

Are you an employee who gets a W-2 at the end of the year ?   

 

If so then did your employer also give you a 1099-misc for the bonus ? 

xmasbaby0
Level 15

I received a bonus but no tax was deducted. What do I do

You report that income on your tax return.  Is it on a W-2 or a 1099Misc?  ALL of your income has to be entered on the same tax return.  Then let the software calculate your tax due or refund.  If you are getting a federal refund it will be on line 20 of your Form 1040; tax due will be on line 22.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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