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Extra payment from Employer

Posted By Message

beachgirl
LIF Adult

Member since 7/05

7963 total posts

Name:
sara

Extra payment from Employer

Need advice. My employer wants to give me an extra payment for extra work that I did over and above my usual work load.

I am the only employee but we do hire a payroll company to process my salary and annual bonus. This would be in addition to that.

Do I have to process this through payroll?

The sum is less than $4,000.

Thank you!

Message edited 2/28/2021 7:42:11 PM.

Posted 2/28/21 7:40 PM
 
Long Island Weddings
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queensgal
Smile

Member since 4/09

3287 total posts

Name:

Re: Extra payment from Employer

Normally yes it would be processed as a bonus since you are an employee.

If they give you a W9 like a contractor it will be a lot more work for you at tax time as then you have to pay the employee and employer portions of taxes and stuff.

Posted 2/28/21 7:52 PM
 

beachgirl
LIF Adult

Member since 7/05

7963 total posts

Name:
sara

Re: Extra payment from Employer

Thank you Chat Icon

Posted 2/28/21 8:03 PM
 

NYCGirl80
I love my kiddies!

Member since 5/11

10413 total posts

Name:

Re: Extra payment from Employer

Yes because it's taxable. It cannot just be written from a checkbook.

Posted 3/1/21 12:59 PM
 
 

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