Legal Question in Tax Law in Illinois

When someone is paid for their labor with a gift card, how is that recorded on an Illinois W-2?


Asked on 8/08/12, 12:43 pm

1 Answer from Attorneys
Virginia Prihoda Law Offices of Virginia Prihoda

It should be part of gross wages and form part of the base for FICA and Medicare tax.

Read more
Answered on 8/08/12, 1:12 pm


Related Questions & Answers

More Tax and Taxation Law questions and answers in Illinois