taxes
 

 taxes







 

Question by  Adebarge (2)

Where is bonus income listed on a 1040?

 
+8

Answer by  Att4372 (1704)

Bonus income is normally included on a W2 and listed on line 7 (wages) of the 1040. If reported on a 1099, it goes on line 12 - business income.

 
+6

Answer by  Travis404607 (3916)

Bonus income should be added into the gross annual income for the year. This income is taxed at the same rate as earned income.

 
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