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© All Rights Reserved - Sinclair Financial Solutions • Updated February 15, 2018 • Privacy Notice * The IRS describes taxable compensation in general terms as what you earn from working. This specifically includes wages, salaries, tips, professional fees, bonuses, and other amounts you receive for personal services
rendered. The IRS considers as taxable compensation all amounts properly shown on your W-2 in Box 1, provided that amount is not reduced by any amount entered in Box 11. For IRA purposes, scholarship and fellowship payments are taxable compensation only if shown on Form W-2 in Box 1. Consult your tax advisor and/or www.IRS.gov for more information.
Updated by Kristin P. Sinclair December 28, 2017 from Rock Hill SC. Kristin P. Sinclair is insurance licensed in NC and SC (NIPR NPN#5550263). Kristin P. Sinclair, RTRP AFSP 1040 Series Tax Returns and Additional Schedules. Donn J. Sinclair, MBA is insurance licensed in CT, IL, MS, NC, SC, and VA (NIPR NPN #1722815). South Carolina Real Estate License #76530,
and NRDS #554027312. @Sinclair Financial Solutions is independently owned and operated. Donn Sinclair offers Securities through Fortune Financial Services, Inc. Member FINRA/SIPC. Site Design by rubydogdesigns.