Cujo5209
Level 1

Total award was comprised of 2 parts. Part 1 on the W2 shows the Wage portion of the award which is what is used to calculate  withholding taxes for income purposes Part 2 on the 1099 on box 3, other income reflects the non-wages/damages portion of the award.  I was told.   No Withholding Taxes were withheld from the 1099 non-wage/damages portion of the award. What I searching is possible tax reduction, any possible avenue  to pay less taxes,  

 

0 Cheers