Form W-2 – Statutory Employee
If the Box 13 Statutory employee is checked on your Form W-2, the income needs to be reported on Schedule C.
To enter statutory employee income,
- Add or edit Form W-2 (see the Form W-2 – Entering in Program FAQ for details).
- During the interview process, on the screen titled W-2: Enter Your information, below Box 13, check Statutory employee. This will automatically carry your wages to Schedule C (Form 1040).
- Complete the rest of the interview process.
Then, to finish entering details about the statutory employee income and expenses, follow these steps.
Online
Dashboards
- From within your TaxAct return, click Income.
- On smaller devices, click the menu at the top left corner of your screen, then make your selection.
- In the My Income section, click Start beside Statutory Employee Pay.
- Complete the rest of the interview process.
Classic Navigation
- From within your TaxAct return, click Federal.
- On smaller devices, click the menu at the top left corner of your screen, then make your selection.
- Click the Business Income drop-down, then click Income and expense for statutory employees.
- Complete the rest of the interview process. On the screen titled Statutory Employee, click Edit on the employee in question to open the applicable screens.
Desktop
- From within your TaxAct return, click Federal.
- Click the Business Income drop-down, then click Income and expense for statutory employees.
- Click Review to open and complete the interview process for each Schedule C – Statutory Employee – Profit or Loss from Business.
See the IRS Instructions for Schedule C for more information about statutory employees.
TIP: If you select Statutory Employee checkbox and later realize that you do not need to file Schedule C, return to the Form W-2 and uncheck the box. If this box is marked, the Schedule C will continue to be generated and cannot be fully deleted/removed.