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Reporting Your Taxable Earned Income

Your W-2 lists taxable earned income for the year that also must be reported to the IRS.



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Taxable earned income

Earned income includes:

  • wages
  • tips
  • salaries
  • stipends
  • bonuses
  • self-employment income
  • employee compensation
  • employer reimbursements.

Consult your W-2. Box 1 of your W2 lists your earned income.

Report your earned income by filing Form 1040, 1040a, or 1040EZ. Or you can e-file.

More than one W-2? Enter your total earned income.

Your W-2 Form

Your W-2 also lists other information: your employer's identification number, employer's address, and the amounts of:

  • federal income tax withheld
  • wages subjected to social security tax
  • social security tax withheld
  • wages subjected to Medicare tax
  • Medicare tax withheld
  • social security tips
  • allocated tips
  • advance EIC payments
  • dependent care benefits
  • and distributions from non qualified retirement plans.

Box 12 are non-cash fringe benefits and may include a code.

Box 13 and Box 14 list 401(k) contributions, military allowances, medical savings account contributions etc.

Box 15 lists special circumstances

Boxes 16 - 21 report state and local wages withheld.

H&R Block Online asks your to record each number, then they do the rest.


Have no received a W-2?

Contact the IRS to notify them. File your taxes by estimating your wages, attach a sheet describing how you estimated and what steps you took to get your W-2

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Related IRS publications

You can get more information about your earned income directly from the IRS, in the form of Publication 525.

Note: you will need an Adobe Acrobat Reader to view these publications, which you can get here. (But you probably already have it.)



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Read this disclaimer: This internet site provides information of a general nature for educational purposes only and is not intended to be legal or tax advice. We make no guarantees as to the validity of the information presented. Your particular facts and circumstances, and changes in the law, must be considered when applying U.S. tax law. You should always consult with a competent tax professional licensed in your state with respect to your particular situation.