2 ms·
How the hell do I navigate this re: filing taxes? I'm an independent contractor. Obviously the best answer is "talk to a CPA" but I'm curious if anyone has ins
by uoaei 7y ago
How the hell do I navigate this re: filing taxes? I'm an independent contractor.
Obviously the best answer is "talk to a CPA" but I'm curious if anyone has insight into how to wade through this.
- teachrdan 7y agoAdd it to your income from that employer and pay taxes on it accordingly. Alternately, you could donate it to a non-profit, get a receipt and have it be a net zero on your taxes.
- gbear605 7y agoOnly if you’re itemizing though.
- dwater 7y agoIf the amount is so large that you are actually concerned with someone finding out, and they gave these out to the whole company, perhaps it would be wise to quietly point out the mistake to HR. IANAAccountant, but I would guess they're supposed to report it on your 1099. Normally it would be reported as taxable income on your W2.