So i already turned in my federal taxes, but then i realized i had an additional W-2 coming because i received 3rd party sick pay last year. They didn't withhold any federal taxes though. So do i file an amended return?
2007-02-24 07:03:47 · 3 answers · asked by untuhchabul 4 in Business & Finance ➔ Taxes ➔ United States
Yes, you'd have to file an amended return to report the additional income. If nothing was withheld from it, you'll almost surely owe additional taxes.
2007-02-24 11:07:04 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
Yes. Otherwise the IRS could hold you liable for the income you did not report and pull it out of your next return/add it to next year's payment. I had this happen with some income for some work I did at my church and did not report.
2007-02-24 07:07:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
only file the W-2 if there is an amount in box 1 "taxable wages." chances are this income was already included in your W-2 from your job.
2007-02-24 07:54:47 · answer #3 · answered by tma 6 · 0⤊ 1⤋