Mike J
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There are two aspects to your questions: Impact on Taxes and Impact on your unemployment payments.
In regards to your taxes, if you don't give your tax preparer your W-2, she will prepare it on the assumption that all the data is there. However, when the IRS and State agencies cross check your tax return (via your Social Security Number) to the W2 that that company filed with them, they will notice the discrepancy and (most likely) assess you penalties & interest for an incomplete filing.
As to your unemployment, it is possible that the state that paid you the unemployment could look at your tax return and investigate your employment dates and then make you payback the money. Whether that happens depends on the state you live in, how much money you were paid (both in those wages and in Unemployment), and how busy the state unemployment agency is. |
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Betsy
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If your filing, then yes you have to claim it. The IRS will have been sent a copy of what your employer sent you. |
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sk33t3r
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the tax lady isn't going to care.
The gov. will care if you don't send it in. They get copies and will recalc your taxable income correctly anyway.
Don't sweat it. |
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Jen
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you don't claim it, it catches up with you and you pay penalty's and interest. you do not mess with the IRS. the tax lady is not going to turn you in. just hope that the state does not match up unemployment claims with the feds. then again, you do know that you have to pay taxes on unemployment right? |
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leslie
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Do the right thing. The IRS has a way to catch up to you and you'll be faced with a penalty. |
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The Cythian
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You will have plenty of time to research this question while you are in jail.
You broke the law. Now face up to your responsibility.
All employers must file a copy of all W-2s with the IRS. The IRS coordinates all W-2s with various State agencies, just to catch deadbeats such as you.
Fess up and be done with it. You can attribute it to stupidity, and you will be telling the truth. |
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beng021228
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Don't even try it, we are monitoring this website.
-Director of Pain
Internal Revenue Service |
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The Ultimate Answerer
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If your filing, then yes you have to claim it. The IRS will have send a copy just like your employer sent you. They (IRS), will have your a**, if you don't... |
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smartypants909
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The IRS made me file an amended tax return for $14 in interest my savings account earned and I didn't report. It didn't change my taxes or my refund, but they made me file the amended return anyway. Be honest, it will save you time later. |
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YAHOO! Answers
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claim it |
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Tapestry6
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Have you made enough to even put in a claim? If you made less than a gross of $8450 and your single .. or 16,900 married you don't even have to file. People file to get money back or they owe money if your under those sums its not an issue. |
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jim06744
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You wouldn't be not claiming a w-2, you'd be deliberately not reporting income on your 1040 tax return. This is what got Al Capone sent to the slammer. Report it. Extremely unlikely that anyone will ever go back and challenge your unemployment checks, and if on off chance they did you would have a pretty good argument-job only lasted a couple of days after all. If your tax lady you referring to is hr block or something like that, I couldn't see them caring about any of that. |
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jennifer s
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You will get into trouble. Generally the IRS does not check the dates of the check against the unemp. you collected. However not claiming it is fraud. They will not notify you right away about your mistake. They sometimes wait 7 years and then tell you that you owe them a small fortune. It happened to me, trust me. I have had a job where I also collected a couple of unemp. checks but I always filed it on federal. They are 2 different agencies. They don't really have time to check dates and all that. Just include it now and save yourself a lot of trouble later. |
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Ooh, Ooh pick me
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You need to claim it. The fact that you recieved the W2, means that the employer submitted the W2 to the SSA. If you don't claim it, when your return is reviewed it will kick out because you have an unclaimed W2.
A W2 doesn't show the dates you worked. Don't worry about the working for three days. If you don't bring up the dates that you worked with your tax person it won't even be noticed. Only give her the W2 no other info. |
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whatevit
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You are worried about the wrong thing. NO ONE GIVES A DAM ABOUT THE UNEMPLOYMENT, if you don't file for the taxes on the one week check, WE THANK YOU - it is free money for us.
File all the W2, you will get all your money and read the Bold print again. |
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pamomof4
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For sure you have to report it. Its not worth the time and trouble if they audit you. Your employer reports your earnings to the IRS, they will know if you didn't claim something, maybe not today, but eventually. The worse thing that can happen to you if Unemployment finds out that you worked those 3 days is they'll want to be reimbursed. I'm sure the IRS penalty will be much more than you earned those days.....file your taxes correctly! |
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Judy1
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Eventually the IRS would send you a letter telling you that you left it off, and you'd be subject to penalties.
Turn it in with the rest of your tax stuff.
The likelihood of the Unemp Comp people catching this is very small. |
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Mike
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You will be fined by the IRS for not reporting income because if received a W-2 then one was sent to the IRS |
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Lori K
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You will be audited. The current tax system now catches things like this and automatically generates an audit. The question is, will it also generate an audit through unemployment? If it does, you will be paying any unwarranted unemployment checks back through a garnishment very soon.
You used to be able to slip through with things like this on returns, you can't now. W-2s are filed also with the IRS---just to catch this sort of thing. I wouldn't fool with the IRS.
I think Hah said it best. My sentiments exactly. |
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blueberrybalance
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It's your call. But if you don't include that W-2, don't think that just because you don't hear anything about it once the IRS gets your forms, that you are in the clear. I once neglected to include a 1099 on my return and three years later I got a bill plus penalties.
I guess the best way you can decide would be to have your tax preparer determine which amount would be greater- the payment of taxes applicable to the W-2 (should you eventually get caught) vs. whatever fine and/or repayment would be applicable for you collecting a certain amount of unemployment when you technically should not have during those days.
In the end, it might just be better to claim them and see what happens. |
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LC
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I didnt get what u were saying u had a lot of unnecessary info in there but usually if it is a mistake the IRS will fix it automatically. Like say u forgot to put a W2 on ur income tax. But if it is something different then u gotta realize that they have everything in their system and in a few years when they catch up to 2006 they'll find ur faults and probraly Fine u for them (or jail time depending on how servere) but u may also be denined from unemployment checks in the future.
Good Luck |
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Tim
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One of the easiest ways to raise a flag with the IRS is to fail to declare a W2. IRS computers match them up, and will issue you a balance due at the least. Guaranteed.
Your unemployment issue is with the State, not Federal. You may or may not hear anything about it. The worst that can happen is having to give back a few days worth of unemployment, but chances are you won't hear anything about this small amount.
Keep straight with the IRS. It is not worth the pain they can give you. |
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ROBERT F
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you can do an amendment and file it later. |
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~*WoodSmoke*~ ~Environment~ daBlogPound,Inc
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Remember w-2 information is being supplied to the IRS as well as you. If you have already filed, I would say it would behoove you to go ahead and amend. If you choose not to, then you run the risk of future audit, fines, and penalties. Unless you were making a lot of money an hour, it shouldn't affect your return much either way.
It is best to wait and make sure you have all of your forms needed to file taxes. I know the unemployment form is one of the last one received, so hopefully you haven't filed yet.
You can go back to your State unemployment and re-do that week, because obviously you are feeling guilty. It will be better than being "caught" cause they can fine you as well (unemployment-state) if they catch it instead. |
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billyd
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The irs said that I didn't work long enough to claim my child on my taxes |
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calibound
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what if your employer messed up your w2 form.Like say in your wages and tips box its less than what you actually made?Will you have to make them send you a corrected form? |
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