Wages on Schedule C

2 replies
46 views

I entered wages I paid to an employee on Schedule C Worksheet, but the number is highlighted in red. When I entered the amount directly on Schedule C, the number is also highlighted in red. What should I do?

Ask the Experts - Early Filers - Jan 2024

RobertB4444Answer

Alumni - Intuit

It's notifying you that this amount should have been reported to the employee on either a W2 or a 1099 since the amount that you have entered is greater than $600. If you have already filed the W2 or 1099 you don't need to worry about the red highlighting. If you haven't filed the 1099 or W2 yet then today is the deadline.

@gabchan

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

RobertB4444Answer

Alumni - Intuit

@gabchan

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

gabchanAuthor

Level 2

Thanks for your reply. I kind of thought of it and prepared W-2 on TurboTax, it might solve without filing it as I had already filed it on SSA website. However, I couldn't figure out how to import it. Anyway, I will not worry about it anymore. It would have been nice if there is a note or something telling me what you said.

Thank you for your help.