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NYS Health Worker Bonus


Medlin Software
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Heads up.  NYS is giving eligible employees a bonus.  Catch? it goes through payroll, but is not subject to NYS or NY local taxes. 

<Vent>

I can see employers handling it incorrectly, and including the amount in taxable wages for NYS and NY locals, and maybe even withholding on the bonus, with employees and preparers having to fix.

Employers have to apply for the money, then pay it out when received from NY.  Hard to imagine something more complicated.  To me, would have been more sensible to give a tax credit, but then again, their method relies on employers doing the verification, payments, paperwork, for free.

Just like the Covid PTO was "no cost" to employers (ha)...

</Vent>

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