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Mi74674
New Member

I received an award and the amount, I also paid taxes on this. Where do I enter this amount since there is no Box to enter

 
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1 Reply
ThomasM125
Employee Tax Expert

I received an award and the amount, I also paid taxes on this. Where do I enter this amount since there is no Box to enter

Typically, awards are reported on a W-2 form as part of your wages in box 1. The associated tax you paid would be reported in box 2 as part of your tax withheld. If that was done, you just need to enter the W-2 form. Since you mentioned you paid taxes, the W-2 form would be the only form where they would be properly listed. If that didn't happen you will need to clarify to us if the award was reported on a tax form and which form that was and how the taxes got paid in.

 

 

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