2824715
You'll need to sign in or create an account to connect with an expert.
Did you get a 1099 for your bonus?
The New York Department of Health says bonuses are considered supplemental wages and are required to be included as wages on the employee's W-2 for federal tax purposes.
HWB bonus payments to employees is exempt from both New York State and local income tax (in municipalities such as New York City).
Your NYS HSB amount will be reflected in Box 1 of your W-2. Enter the information on your form W-2 as normal. The bonus received is taxable for Federal purposes but not for NYS purposes. To correctly report the bonus and get the deduction, go to your NYS return entry screens and then enter the amount under Wage and retirement adjustments. A screenshot of the entry screen to TurboTax Online shows below:
Once entered, the amount of the bonus will show as a deduction from income for NYS taxable income.
Health Care Worker Bonus Program
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
caitie-cj-johnson
New Member
davismom7
New Member
john-modlin65
New Member
angela-epp
New Member
stanfellboone
Level 1