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    Taxation for Gifting a Vehicle

    This message was posted by a user wishing to remain anonymous Good morning, I tried Google but all responses take me to gift card taxation :/ We are paying severance to a (previous) employee who was also gifted their company vehicle ($25,500 value). ...

  • I'm wondering if we will need to reopen and resubmit the quarter end for the state, as well as for the federal year end information submitted, along with getting a W2-C for the employee, in order to correct the error in their SSN, or will the W2-C su ...

  • Hi Susan, did you recieve any answers on your quesiton? We are in the same boat and not sure how to complete the W2 after being approved for a private plan.

  • Please post your questions and comments for the rapid! team here.

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