Bonus Income

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  • tpnl
    Senior Member
    • Mar 2007
    • 220
    #1

    Bonus Income

    Taxpayer has W-2 wages. Also received a 1099-Misc from same employer for bonus income. Does it go on Line 7 or on line 21 other income?
    Tags: None
    • Burke
      Senior Member
      • Jan 2008
      • 7068
      #2
      Are you sure it was a bonus? If so, it goes on the W-2 subj to all taxes. Need corrected W-2. If it was a prize or award, then that's different. Explain what bonus was and how it was calculated.

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