You'll need to sign in or create an account to connect with an expert.
Yes; that is the usual and proper way to report it. It is simply added to your regular salary in box 1 of the W-2.
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.
Elizabethcpaige2004
New Member
vanessaciara96
New Member
ld2002!
New Member
in Education
lmyrandat03
New Member
cory25
New Member