Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 If u make any courier is they will charge service tax or not?
if u make any courier, they will charge such as Rs.30, 40 or 80
is the service tax will be included in the amount or ...


 Can I withhold taxes as a single even though i'm married?
...


 Should I file a tax return for my infant son? He had about 50.00 in interest income from his bank account.?
This is the only income he received in 2007....


 Can I claim our daughter?
I have no idea how this works or what's best. The thing is my husband and I both work and we earn pretty ok money.. he says I should tell the payroll dept i want to claim our baby as dependent ...


 Does unemployment usually send a w-2 if you had taxes withheld????
okay its almost the 31st and still no w-2 from unemployment, they do send one out right????? i had taxes ...


 2006 child tax credit?
Can you make too much money to even claim the Child Tax Credit for the year 2006? If so what is the amount?? Thanks,...


 What is the difference between w-2 forms and your federal income tax return?

Additional Details
well I told my parent that I need the tax return and she said same thing but i think she was parranoid for me asking her for ...


 Duty Free when flying within UK?
Hi how many cigarettes can you buy if you are travelling from one UK airport to another?...


 Defaulted loan and tax return?
My husband and I are filing our tax returns separately. I have a student loan that is in default. Can my husbands refund be taken by the IRS because of my loan. This is our first year being ...


 Can i claim my live in girlfriends daughter on my taxes, federal and CA. state? and is she a child dependant?
on last years taxes i was told i couldn't claim my girlfriends daughter 15 yrs old because she wasn't a legal relative of mine. but now she not only is my girlfriends daughter but she is ...


 How do you go about changing your Social Security Number? How much does it cost?
...


 Can 2 people claim a house on their income taxes if they are not married but joint owners?
My friend and I bought a house this year. Now I am stumped as to what to do for income tax time. Can both of us file for the house on our income taxes or just one of us? What about the ...


 When married and filing taxes, what is the difference between filling married but seperate or filing injured?
My husband and I got married in August, that's less than six months before tax time. because we got married so late in the year should we file married but separate or married and jointly? Or ...


 I got $1200 in tax rebate but i have 2 kids i thought $300 for each child?
...


 If somebody has not filed IT return for the last year till now, is it possible to file the same now?
There is no tax to be deposited, all the tax has already been deposited as TDS.
Any specific things to be taken care of while filing a late return?...


 Have you used turbo tax befor to do your taxes?
how wast he experience? did they charge you what they say they will charge? were you able to get the refund they said theyw ould send you? would you file taxes with turbo tax agian? i'm ...


 Please help with my tax filing issue!?
Ok, so I figure I'm already screwed and on the verge of a heart attack, lol but here's my situation.

I worked this year from April-current claiming only myself until early July ...


 Does anyone have a million dollars that they would like to donate to me and my family?

Additional Details
It would be used to get the proper stairs built so no more people fall going out of my house.Helping us to bring up the value on this house by making improvements and ...


 Am I able to claim at least one of my children on my income taxes?
My ex-wife and I have been separated for over two year. Before we seperated we had an agreement drawn up that stated that we would each claim one of the children on our taxes. However, she never ...


 How long can you claim your old age pension whilst in hospital?
...



schenzentea
Tax Accident! Filed all 3 Jobs under ONE name!?
I really need some advice. I worked 3 jobs for the 2006 tax season and recieved all 3 W2's from my employers. I used TaxActOnline.com to do my taxes, but before that, I totaled all my jobs boxes from 1 to 17 in the for the W2 Wage Summary. I thought it would be easier to combine all jobs as ONE income under my current employers name, so when filing, it would be easier online. When I used TaxAct to complete my Efile for my W2's, I just realized AFTER that there was an option to enter separate W2's and it would total all of them together automatically. My forms have been submitted to the IRS and accepted, and I believe my TaxRefund should be deposited in my account in the next 2 weeks. Basically I filed one tax return for all three jobs, but didn't state on my tax return that I had 3 jobs. If the IRS does check the W2's (they have a copy right?) and combine and calculate them all, I know it would balance out the same way I did when I Efiled. Should I be worried? What do i need to do?
Additional Details
Btw, I am recieving a very big refund this year, because I let the Fed and State withold the maximum through out the year. I am positive that I do not owe Federal or State Tax.
                     
 




branjo_70
As stated by many others, no amended return is necessary. Just make sure that you keep copies of all of your W-2's and a copy of your return. It is possible that the IRS may contact you because your W-2's don't match the ones which were filed with IRS. If you are contacted, you will need to provide an explanation as to why your return does not match your W-2's and to prove that you actually did report your income correctly.


r_kav
Rating
Do nothing, so long as the total is correct.
Don't try to file a 1040X (as suggested by someone), since it only deals with totals, and the totals don't change.


taxman
Crissy's answer is wrong. You are OK for the federal return, because you actually only submit totals to IRS. But if you worked in more than one state, you would only report the income earned in that state on their return.

You aren't in trouble and your refund should not be delayed. You have just encountered the problem with filing using a computer program. They do not always tell you what to do, because the programs are designed by people who have little experience in taxes


Molly
For your individual tax return, you don't need to specify that you had three different jobs. The numbers you placed into your return are correct.

The IRS shouldn't have a problem at all. The only thing I can think of is to make sure your ERO retains a copy of all three W2s, if applicable.

Even if you did input the data for all three W2s, that's not the information the IRS gets. They get the total numbers, which you said are correct.


Judy1
Rating
Don't worry about it, but keep all the paperwork. There is some possiblity that at some point it will kick out of the IRS computers since it doesn't match exactly - if the total is correct, that might not even happen. If it does, there is an even smaller possibility that they'd contact you about it - if so, you'd probably have to send them or fax them copies of the three W-2's. In the meantime, leave it alone. There's nothing to file an amended return on - the numbers don't change.


AT
Rating
With your first problem, IRS does get all W2 info electronically and the computers over there check against various inaccuracies /frauds automatically. I would imagine worst case it sends out a notice of discrepancy of the W2 split up . But because with your 1099 R and ammended return, If that is accurate (may want to check how the "big refund turned into you owing money to IRS. The 1099 R must be large...) I would not worry if this is accurate and you filed the ammended return correctly.


LDude7
Rating
Depending on how much money you earned at the jobs, you may actually be entitled to more money back. If you earned more than the social security limit (something around 80-90k) and worked at multiple employers, you can get a refund of the excess social security. Also, there may be excess state taxes (like California SDI) that could also be refunded on a state return. If it was on one W2, and there was excess social security, you would need to go back to the company to correct.
Since you are amending it would be advantageous to correct it anyway.


~*WoodSmoke*~ ~Environment~ daBlogPound,Inc
I have seen the answers from the first three answerer's.
And, since it was filed electronically and accepted and the numbers were correct, your refund should be correct, the only thing is that the IRS is being submitted 3 different w-2 employers, with 3 different FID numbers and so somewhere and sometime it may cause a problem, just because of inaccuracy in your reporting. Because employer A. B. & C. are reporting your social security and medicare payments from their Federal files, I would go ahead a file an amended form with an explanation so that your filing will match the IRS.....This will be done by paper and mail, so....it will not interfere with your present processing.

www.irs.gov, individual, where's my refund?

good luck


Crissy C
Rating
You need to file an amended return, because if you get audited which is very likely, you are going to have to pay a penalty on that refund, so if i were you i would immediately file a 1040x and explain the situation, and not spend the money being deposited in your account, because your refund could be a completely different amout....do not cheat on your taxes because that looks like you are cheating....


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy