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-   -   1099 misc on a hiring bonus (https://www.askmehelpdesk.com/showthread.php?t=316893)

  • Feb 13, 2009, 08:45 AM
    kiddrusty
    1099 misc on a hiring bonus
    My husband took a position that gave him a hiring bonus. No taxes were taken out, then we received a 1099 on top of a W2 form for taxes. Is this just "untaxed" income when we file taxes. When do the 1099 forms need to be sent from employer/we are still missing one from another job and its 02/13/09.
  • Mar 3, 2009, 03:52 PM
    AtlantaTaxExpert
    If the income is listed in Box 3 of the Form 1099, you can get away with filing it on Line #21 of Form 1040.

    Otherwise, the income has to be reported on Schedule SE with Schedule SE calculations to pay self-employment taxes.
  • Mar 3, 2009, 08:34 PM
    IntlTax

    It seems likely that the amount shown on the 1099 should have been included in the W-2.

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