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- Re: Florida's first responder recognition bonus 2022
Florida's first responder recognition bonus 2022
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Opfor77
Level 4
02-11-2023
02:25 PM
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Is this taxable? If not, do I just negate it after entering in the 1099-NEC?
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Skylane
Level 11
02-11-2023
09:46 PM
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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
Opfor77
Level 4
02-12-2023
01:20 PM
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Thank you. That's what I've come across as well.
