Thread: Taxes time $$
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Old 02-09-2020, 08:27 AM
  #13  
v1flyer
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Joined APC: Jan 2020
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Originally Posted by trip View Post
You've probably read these but it seems to be common for companies to report bonuses on the 1099C.

https://ttlc.intuit.com/community/ta...self/00/708455
I came across this and this is what the CPA is suggesting I do and what I want to do also. It seems as if the company does not want to pay their half of the 15% tax penalty and hence why they made sure it was received prior to DOH. I just don’t see how a bonus that comes with a contract could be considered self employment but like others have said I will let the professionals decide
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