That is not true. You are given a 1099 and you must pay taxes on that bonus.
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That is false. It is income and therefore taxable.
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1099 income is reported on your tax return as income. If you have expenses relating to the income, then you may be allowed to deduct them. Consult with a CPA.
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Good afternoon. I agree with the previous posters. Unfortunately, you have to pay taxes on your bonus because it is considered income derived from employment whether or not it is for time spent on the job, or just for having a cheerful attitude. Be sure to include this income with your return because you have to pay taxes on it. I hope this helps. Good luck!Ask a similar question