I have 3 W-2's. One of them is for only $400. They did not pull any taxes out of it because I worked a day a pay period. Do I have to claim this on my taxes?
2007-01-30 10:37:42 · 15 answers · asked by butterflykisses427 5 in Business & Finance ➔ Taxes ➔ United States
Yes....just because they didn't take the taxes up front, you still have to pay them. Make sure you do becasue if it is on a W-2, the government knows about your income!
2007-01-30 10:41:38 · answer #1 · answered by CG 6 · 4⤊ 0⤋
This is a simple answer.
Yes, you have to include that $400 W-2 on your tax return.
2007-01-30 10:42:42 · answer #2 · answered by T G 2 · 2⤊ 0⤋
Absolutely yes. Since you did not pay tax on that $400, you'll be responsible for it now.
2007-01-30 10:46:36 · answer #3 · answered by Anonymous · 0⤊ 1⤋
yes, no matter what, if it's on a w2 the Government knows and wants their taxes.
for example......... my husband works full time, I work p/t 2 days a week 4 hours a day. We have to add my hardly taxed income to his larger income and my little income is taxed in the highest tax bracket that our joint income falls into.
You don't want to mess with the IRS!!
Sorry!
Be honest, and pay your rent to the USA-- a kinder way of looking at taxes
2007-01-30 10:44:51 · answer #4 · answered by Lilly 5 · 0⤊ 2⤋
yes. The only amount that matters is your cummulative pay between the 3 w-2's. You have to claim it even though it is a small amount
2007-01-30 10:42:16 · answer #5 · answered by Charlena C 1 · 1⤊ 0⤋
Yes - you have to pay the tax that should have been taken out.
2007-01-30 11:30:34 · answer #6 · answered by justbeingher 7 · 0⤊ 0⤋
You betcha! If you don't, your total income will be wrong and the IRS will be billing you for the shortage in taxes -- possibly with penalties and interest tacked on. That's not good!
2007-01-30 10:42:48 · answer #7 · answered by Bostonian In MO 7 · 2⤊ 0⤋
Absolutely. No minimum for W-2.
2007-01-30 10:48:36 · answer #8 · answered by vegas_iwish 5 · 0⤊ 0⤋
YES! If you got a W-2, the income has been reported and you could cause big trouble for yourself if you don't claim it.
2007-01-30 10:41:54 · answer #9 · answered by Cindy W 3 · 1⤊ 0⤋
You have to report all income earned to the IRS regardless of whether it is reported by another source.
2007-01-30 11:01:49 · answer #10 · answered by SmittyJ 3 · 0⤊ 0⤋