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matthewalexander
New Member

My son received half his signing bonus ($5K of $10K) but did not receive a W-2. His employer (Deloitte) will report $10K (+ witholding) in 2017. Does son report in 2016

Employer does not plan on issuing any paperwork for 2016 payment of $5K (no W-2, no 1099)
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Lisa995
Level 12

My son received half his signing bonus ($5K of $10K) but did not receive a W-2. His employer (Deloitte) will report $10K (+ witholding) in 2017. Does son report in 2016

If he received it in 2016 then it "should" have been included on a 2016 W2. 

But if the employer isn't going to issue anything until 2017, then you will need to wait to report it in 2017, especially if withholding is involved.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

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1 Reply
Lisa995
Level 12

My son received half his signing bonus ($5K of $10K) but did not receive a W-2. His employer (Deloitte) will report $10K (+ witholding) in 2017. Does son report in 2016

If he received it in 2016 then it "should" have been included on a 2016 W2. 

But if the employer isn't going to issue anything until 2017, then you will need to wait to report it in 2017, especially if withholding is involved.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
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