My husband's income this year was misreported by his employer due to military differential pay. The outcome being that he has been issued a corrected W-2 and a 1099 for the military differential pay. Since we have not yet filed our taxes, do we file BOTH W-2's (the original and corrected) with the 1099, or disregard the first W-2 and just file the corrected W-2 and the 1099?
2007-03-15 01:05:05 · 3 answers · asked by RzrLens 3 in Business & Finance ➔ Taxes ➔ United States
File with the corrected W-2 and 1099. Disregard the original but don't discard it. Keep it with your records.
2007-03-15 01:22:38 · answer #1 · answered by extra_37 4 · 0⤊ 0⤋
The corrected W-2 should have a check mark on it indicating it is a correction or is a form W-2c. The IRS computers will pick it up as the updated figure. As long as you haven't filed already you'll be OK using the proper number.
If you had filed, or receive other corrections after you file, the form you would use is the 1040X - available at the IRS website at www.irs.gov.
2007-03-15 01:56:04 · answer #2 · answered by Taylor1 3 · 0⤊ 0⤋
It's good that you haven't filed already - otherwise you'd have to do an amended form.
When you file, you will only use the corrected W-2, not the original one that you received. Disregard the first one - the corrected W-2 replaces it.
2007-03-15 16:54:38 · answer #3 · answered by Judy 7 · 0⤊ 0⤋