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| *Ostroff, Fair and Company>>>United States Taxes |
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? 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. 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. 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.... 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. 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 imho - mucho tax experience 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 |
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