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Hello, The total of award $18,153 will be reported as other income in the amount of $14,863 and wages of $3,289 on your return. You will record the $1265 in taxes paid the same as all other W2's. Since the revenue wasn't paid until 2011 you would report this in 2012 on your 2011 return. Thanks Tom
I need help understanding a company's sales statement.