Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 9:58:07 AM

Is a company bonus entered as a w2?

0 4 549
4 Replies
Level 15
Jun 1, 2019 9:58:07 AM

That depends on how the employer reported the bonus.  What document did they report it on?

Alumni
Jun 1, 2019 9:58:09 AM

The company should have included the bonus on the W2, yes.

Level 15
Jun 1, 2019 9:58:11 AM

Why are you asking? Was it done wrong and you need advice on how to handle?  Although it shoulda been on your W-2, we see frequent cases where a 1099-Misc is used. You can report it that way, but there are a coupe of alternatives

Level 15
Jun 1, 2019 9:58:13 AM

Yes; that is the usual and proper way to report it. It is simply added to your regular salary in box 1 of the W-2.