Service Overview
Use this form to inform Payroll whenever an employee should be taxed for receiving cash and cash equivalents including cash gifts, prizes, or awards. Gift certificates and gift cards are always considered taxable compensation to an employee, regardless of the dollar amount, starting from the first dollar.
Non-cash items, such as spirit wear (clothing, artwork, frames, or any tangible item), meals without a business purpose, or other food items, are also considered taxable compensation.
Refer to the Awards, Gifts, and Prizes Policy for additional information.
Available To
Learn More
Awards, Gifts, and Prizes Policy
Related Services
Payment, Award, and Gift Guide
