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emcabee-countryb
Level 1

How to report gift cards

2023 IRS rules require all gift cards given to employees be reported. How do I report and the company pay the taxes?
1 Comment 1
BigRedConsulting
Community Champion

How to report gift cards

They're compensation, so probably set up an addition item that is typed as compensation to report them, and then a deduction item - with no taxable type - to negate the money from net pay.

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