Ask Experts Questions for FREE Help !
Ask
    Confused9246's Avatar
    Confused9246 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 2, 2008, 11:28 AM
    Moving Bonus and 1099 Form?
    Hi, I changed jobs this year and my new company gave me a moving bonus before I started working. Instead of being included in my wages on my W-2, its on a 1099- MISC form, and I don't know what to do with it! When filing on Tax Cut online, it says this form is for rentals and royalties, or for self employment. Is this a mistake? Should it have been included in my wages?

    Thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 3, 2008, 07:00 PM
    List it on Line #21, Form 1040.

    Be sure to claim the moving expenses on Form 3903.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099 form [ 3 Answers ]

I was told that I would not receive a 1099 form from an employer if I earned less than $600.00. I in fact earned $400. So, If I don't receive a 1099, do I need to claim this as income? Thanks for any help. Gianni

Sign on bonus and 1099-Misc [ 7 Answers ]

I am a physician finishing training and starting a job in a few months. I will be employeed by a private practice, but have a contract with the local hospital for 3 month income guarantee, relocation expenses and sign-on bonus. The sign on bonus was paid 12/05. I received a 1099-MISC for the...

Form 1099 received, but do I report on Form 1040 or just Form 2106? [ 1 Answers ]

Greetings. I'm hoping I can get some help on what to do with a 1099-MISC form I received from my employer that were for business expense reimbursements. I have read through some questions and answers already and based on them I'm going to file this as a Form 2106. The question is should I...

1099 Form [ 2 Answers ]

I have been working as a manager since January of 2007 in a trailer park. Getong paid 900 monthly. My rent of 400 is taken out on the 1st and on the 15 I get 500 check which reads as a bill. I was told yesturday that I would be getting a 1099 form at the end of the year. Does this mean I will HAVE...

I don't what to do with my 1099-C form? [ 1 Answers ]

I received a 1099-C cancellation of debt form. Where on my 1040 federal form do have to put this information in?

View more questions Search