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First off I am a workaholic and from last year I have a total of 6 W2s from employers. I am wondering what is the minimum per employer that I need to claim... A couple of my W2s are very very low and I know tha having so many W2s can hurt ya in the long run. So, if anyone knows the minimum that I need to claim from an employer's W2 that would be great. Thank you.

2007-03-19 07:59:48 · 5 answers · asked by *Tina* 1 in Business & Finance Taxes United States

5 answers

http://www.irs.gov/individuals/article/0,,id=96196,00.html

This is to the withholding calculator. This should help. Just remember that each time you start a job even at the end of the year, they are starting from a zero taxable amount.

If you work for any two employers in a given day and you drive between those jobs with no stop in between that mileage is deductible.

good luck & bless

P.S. - I assume you are talking about the amounts withheld from each job? If you are asking about claiming income on your tax return, each and every one must be claimed.
One year I had 11!

2007-03-19 09:23:17 · answer #1 · answered by Wood Smoke ~ Free2Bme! 6 · 1 1

who ever told you that many W2s can hurt you is mis-leading you.

file all of them; why? THE IRS has flagged all
salaries in their computers and now needs to
see where the employer's salaries went.

IT is tiresome but necessary one time.

if you love being a work a holic, work for yourself in your own company.

earn 12 x more pay!

2007-03-19 08:04:38 · answer #2 · answered by kemperk 7 · 0 0

You need to claim everything from every employer. The "minimum" if you want to put it that way is any income greater than $0.00.

2007-03-19 08:07:40 · answer #3 · answered by Bostonian In MO 7 · 1 0

If you had income and/or got a W-2, then you need to claim them - there is no minimum amount where you can ignore anything below that minimum.

2007-03-19 12:03:45 · answer #4 · answered by Judy 7 · 0 0

You need to claim everything on all W-2s. The employers all claimed the wages they paid you, so you have to report them all as well. Unless you want an audit!

2007-03-19 08:05:08 · answer #5 · answered by pancakes & hyrup 6 · 1 0

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