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Level 5
February 11, 2023
Question

Florida's first responder recognition bonus 2022

  • February 11, 2023
  • 1 reply
  • 7 views

Is this taxable?  If not, do I just negate it after entering in the 1099-NEC?

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1 reply

Skylane
Intuit Community Champion
February 12, 2023

You’ll have to verify this, but i believe the Fl 1st responders checks in 20 and 21 were considered (some sort) of reimbursement (there were no 1099s). In 22 they issued a 1099 to Employees… i don’t know if they’re considering it a bonus or award or a gift, but IMO. You should report it as Other Income. Yes it’s taxable but not subject to SE tax

If at first you don’t succeed…..find a workaround
Opfor77Author
Level 5
February 12, 2023

Thank you.  That's what I've come across as well.