You'll need to sign in or create an account to connect with an expert.
so totally wrong. if your employer paid you for not participating in its health insurance plan then you got compensation. it belongs on your w-2. this can create problems with your employer if you demand a corrected w-2. but you face an issue reporting the 1099-MISC from the same employer. since this is compensation it is supposed to be subject to fica and medicare taxes and thus reported on form 1099-NEC and schedule C of your return. not only do you face tax issues if you report this as income not subject to payroll taxes your employer is facing potential substantial penalties for filing a bad w-2 and 1099 and failure to withhold and pay the payroll taxes.
In TurboTax Online:
In TurboTax CD/Download:
For more information, see: Where do I enter a 1099-MISC?
This is not the correct way for the employer to report it. You need to have a discussion with them.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
joncab4
New Member
Jisooh123
New Member
lettersnumbersdashesaunderscores
Level 1
MyCrai
New Member
unknown007
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.