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mysman1
Returning Member

In 2020, I received a Patent Incentive Award from my former employer, and they deducted FIT, SS, Medicare and SIT, however I never recieved a W2 from them. How do I enter this income into my taxes?

 
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3 Replies
Irene2805
Expert Alumni

In 2020, I received a Patent Incentive Award from my former employer, and they deducted FIT, SS, Medicare and SIT, however I never recieved a W2 from them. How do I enter this income into my taxes?

More than likely it was included in the amounts reported on your W-2.  Check with your employer to be sure.

mysman1
Returning Member

In 2020, I received a Patent Incentive Award from my former employer, and they deducted FIT, SS, Medicare and SIT, however I never recieved a W2 from them. How do I enter this income into my taxes?

I am retired so there are no other W2s

BillM223
Employee Tax Expert

In 2020, I received a Patent Incentive Award from my former employer, and they deducted FIT, SS, Medicare and SIT, however I never recieved a W2 from them. How do I enter this income into my taxes?

If you are confident that your employer sent a copy of your "W-2" to the IRS, and you have all the numbers that a normal W-2 would have, then just go enter the data on the W-2 screen as if you had it in hand.

 

If you have some doubts about what numbers your employer may have sent the IRS, please read on...

 

You can order Wage and Income transcript from the IRS. This is not a copy of a return, but it reports data from information returns the IRS receives such as Forms W-2, 1099, 1098 and Form 5498, and IRA Contribution Information. This transcript type can go back 10 years.

 

Taxpayers often use the information from transcripts to file prior year returns, when the original paperwork is lost. The transcripts are free and with luck, you can get them online.

 

Please look at the IRS website for Transcripts at https://www.irs.gov/individuals/get-transcript .

 

This way, you can be sure that your numbers will match what the IRS has already received (a good thing).

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