2007-01-27 08:59:44 · 5 answers · asked by Silly2002 4 in Business & Finance ➔ Taxes ➔ United States
Has anyone ever had a bad experience with that? I keep getting mixed sayings from everyone. My boyfriend said a couple of years ago his tax guy said they were not going to claim on because there wasn;t much on there...???
2007-01-27 09:10:53 · update #1
Only if you do not want the irs coming after you. You need them all. When they enter your ssn they will see the difference in income and wonder what's up. Then they will delay your return.
2007-01-27 09:08:45 · answer #1 · answered by Bookworm4124 3 · 0⤊ 0⤋
Yes, you MUST claim all income. Anything on a W2 has already been reported to the IRS and failure to include one will only delay your return and result in additional taxes.
As to your b/f. Either he's blowing smoke or his "tax guy" is a scam artist or an idiot. No legitimate tax professional would ever make such an outrageous statement.
2007-01-27 10:14:54 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 1⤋
Yes, it may take a while for the IRS to catch it, but unless your employer didn't submit the information to the IRS when they sent it to you (a definite no-no), Uncle Sam will notice you didn't report the income and send you a bill for the unpaid taxes.
2007-02-01 02:35:15 · answer #3 · answered by Taylor1 3 · 0⤊ 0⤋
absolutely, you are responsible for claiming all of your income on your tax return. whether from wages, interest income, etc.
2007-01-27 09:09:41 · answer #4 · answered by Rob 7 · 1⤊ 0⤋
yes
2007-01-27 09:05:10 · answer #5 · answered by Ski_Bum 3 · 2⤊ 0⤋