I’m in a dispute with IRS over my 2004 taxes. Back in 2005, I carefully included all my W2s in 2004 tax return. Now problem is that I have one particular W2 form, but IRS has no record of it. Furthermore, the company that issued me that W2 is out of business now.
What should I do now? Will I be responsible for mistake in W2 form made by my employer?
2006-09-30 15:43:12 · 6 answers · asked by alex_self 2 in Business & Finance ➔ Taxes ➔ United States
First things first, check the date - again - on the W2 to ensure it didn't get tangled up iin the wrong year. Then, take a deep breath, 'cause even if you're wrong, you can fix it.
To begin, do not, no matter what, unless you take it there yourself and then take it back home, should you ever send your last original anything to the IRS. I've seen too many things go into the twilight zone that is the IRS, and not return - and not be acknowledged by the IRS. There are a lot of us taxpayers out there, and stuff happens.
Assuming you're right, and it is for 2004, and you need to prove to them that the W2 exists, send them a copy of the W2. make sure you send it to the person working on your case - there are a lot of IRS agents, too. If that doesn't clear it up, you'll have to ask them how else to prove the income.
If I understand you correctly, you are trying to pay tax on income the IRS has no record of. I know very few people who want to do that - but I commend you for trying to be honest. Heaven knows that if you tried to get away with letting them be right, they'd find the W2 and change their minds. (There are situations where having less income can adversely affect you, so if this is the case, I apologize.) Let me know if I can be of further assistance.
2006-10-01 08:05:13 · answer #1 · answered by Katie Short, Atheati Princess 6 · 2⤊ 0⤋
What year are you asking approximately? If it rather is 2008, then he would desire to have issued you the W-2 no later than a million/31/2009. For 2008 *tax purposes* the IRS might enable you to record from the final paystub around 2/15/2009. you will deliver interior the fellow made sort and a replica of the paystub to verify the numbers. at last the IRS might evaluate the type with the actually W-2 (assuming they ever have been given it). you assert you purchased a letter sort IL. What became into it for? became into it for taxes or for an unemployment declare? Are they asserting you made extra or much less money than you think of you made?
2016-10-15 09:37:43 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Fake W-2 is a problem, IRS may believe you have a fake W-2. How do the IRS know you didn't fake a W-2 if the company never transmitted the W-2 to the IRS.
Or the company just kept your withholding tax for them self to pay creditors and close shop. Get a clean copy of the W-2 and sent it in with a letter requesting for a hearing with the IRS.
2006-10-02 05:46:25 · answer #3 · answered by Kenshin 5 · 0⤊ 2⤋
If you have the W-2, it should be all the proof you need. I find it strange that the IRS would complain about reporting MORE income than they have records of. Unless the withholding reported on the W-2 is more than the net increase in your taxes, they have noting to gain.
2006-10-01 11:17:44 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
No. If the company is no longer in business, the IRS is responsible for finding the information for you. If you have a copy of your w2's than there should be no problem. You can send it to them, but make sure you make yourself a copy for your records
2006-09-30 15:52:42 · answer #5 · answered by Anonymous · 0⤊ 2⤋
Do you have a copy of the W-2?
Do you have an of your pay stubs?
Do you have bank records that show direct deposit from this employer?
Do you have anything you can offer as proof that you worked for this employer? Know anybody else that worked there??
2006-09-30 15:56:56 · answer #6 · answered by Anonymous · 1⤊ 0⤋