Bonus Being reported on 1099-MISC

[frenchonion]

I am currently working for my employer as a engineer with a H1B. I got a bonus last year and my employer wants to report it on a 1099-MISC form instead of using a W2. Is there a problem that can arise with the USCIS or IRS when I file my taxes?

 

[nkm-oct23]

legally bonus is supposed to be reported on W2. Did your employer deduct taxes on the bonus? If he did then it should show up in W2.

 

[frenchonion]

legally bonus is supposed to be reported on W2. Did your employer deduct taxes on the bonus? If he did then it should show up in W2.

They did not deduct taxes. They literally wrote me a check out of the corporation last year and then told me this year that a 1099 was coming my way. Any advice on this situation would be appreciated. Thanks.

 

[desi2007]

you have to pay taxes on it when you file your return. as long as the employer is the same you are ok. but you will have to pay most of it to tax man. GL

 

[frenchonion]

you have to pay taxes on it when you file your return. as long as the employer is the same you are ok. but you will have to pay most of it to tax man. GL

Thank you for the reply. It is the same employer name so that is a relief. How does one report this income on the 1099NR? Do I need to include schedule C?

 

[number30]

I am currently working for my employer as a engineer with a H1B. I got a bonus last year and my employer wants to report it on a 1099-MISC form instead of using a W2. Is there a problem that can arise with the USCIS or IRS when I file my taxes?

Technically it is illegal. Employer wants to save the money on the Social Security and FiCA. They have caught some guys doing like this.