itonewbie
Level 15
12-06-2019
06:03 PM
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You'll need to look at the underlying agreement to determine the nature and character of the payment. Often times, non-compete is part of a severance package and generally constitutes wages reportable on W-2. Once you have more information after reviewing the agreement, please feel free to come back if you have further questions.
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Still an AllStar
Still an AllStar