Reporting non cash prizes

Thanks for bringing this to my attention, @laurah4. Let me guide you on how to report the noncash prizes to your employee's W2.

In QuickBooks, you can add bonuses and other perks and benefits to your employees. Since this is a noncash prize, you can add other earnings to record this in their form. 

First, you'll have to add it to your employee's profile. You can follow the steps below as your reference:

1. Go to Payroll, then select Employees.
2. Select the employee you want to add to the other earnings.
3. In the Pay Types section, click Edit.
4. Go to the Additional pay types, then select Other Earnings.
5. You can change the name and enter the amount of the prizes.
6. Click Save.

Once done, you can run an unscheduled payroll or run this together in your next paycheck. Here's how:

1. Go to Payroll, then select Employees.
2. Select Run payroll.
3. Choose the Pay period (if applied) and the Pay date.
4. Select the employees you want to pay the earnings.
5. Select the Actions ⋮, then click Edit paycheck to enter your pay details.
6. Select Preview Payroll, then click Submit Payroll.

Additionally, you can record a bonus to your employee and add this along with the regular pay or through a separate paycheck in QuickBooks. 

Also, in case you want to change something in your employee's information, you can access this article for more detailed steps: Edit or change employee info in payroll.

Please know that I'll be a click away if you need further assistance managing an employee's W2 or have other concerns in QuickBooks. Have a wonderful day ahead!