Do I have to pay tax on my bonus or award?
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award paid to you for outstanding work is taxable income
shown on your Form W-2 that you must report on your tax return. However, see Employee
Achievement Awards. |
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Related tax
information about bonus or award |
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Employee Achievement Awards
Income Related Questions and Answers |
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IRS publications about
bonus or award:
See IRS Publication 17, Your
Federal Income Tax. |
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Ask Julian Block your IRS and tax questions! |
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If you can't find the answer to your IRS or tax question in our
web you can call former IRS Special Agent and one of the country's foremost tax attorneys, nationally syndicated columnist ("The Tax
Adviser") Julian Block. Julian is also the tax Editor of Mutual Funds Magazine, America's premier investment magazine. To
call Julian for a tax consultation click
here. |
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