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    okolie's Avatar
    okolie Posts: 1, Reputation: 1
    New Member
     
    #1

    May 8, 2013, 02:09 PM
    Are work commit and sign-on bonus checks taxable
    We are planning to pay nurses sign-on bonuses for a 3 year commitment as non-taxable wages... is that right
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,815, Reputation: 846
    Senior Tax Expert
     
    #2

    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's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #3

    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.

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