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.
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.
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.