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View Full Version : Are work commit and sign-on bonus checks taxable


okolie
May 8, 2013, 02:09 PM
We are planning to pay nurses sign-on bonuses for a 3 year commitment as non-taxable wages... is that right

AtlantaTaxExpert
May 8, 2013, 02:12 PM
ALL bonuses are taxable compensation in the eyes of the IRS. I know of no LEGAL way to report them otherwise.

MukatA
May 9, 2013, 12:04 AM
You can report it as wages on W-2 or report it on 1099-misc as non-employee compensation.