Tax Accident! Filed all 3 Jobs under ONE name!?

Question

I really need some advice. I worked 3 jobs for the 2006 tax season and recieved all 3 W2's from my employers. I used TaxActOnline.com to do my taxes, but before that, I totaled all my jobs boxes from 1 to 17 in the for the W2 Wage Summary. I thought it would be easier to combine all jobs as ONE income under my current employers name, so when filing, it would be easier online. When I used TaxAct to complete my Efile for my W2's, I just realized AFTER that there was an option to enter separate W2's and it would total all of them together automatically. My forms have been submitted to the IRS and accepted, and I believe my TaxRefund should be deposited in my account in the next 2 weeks. Basically I filed one tax return for all three jobs, but didn't state on my tax return that I had 3 jobs. If the IRS does check the W2's (they have a copy right?) and combine and calculate them all, I know it would balance out the same way I did when I Efiled. Should I be worried? What do i need to do?

Btw, I am recieving a very big refund this year, because I let the Fed and State withold the maximum through out the year. I am positive that I do not owe Federal or State Tax.

Just found out, forgot to include my 1099-R...I received it in the mail a couple days ago, so now, I have filed a 1040X (which I did using taxactonline.com) which now includes the 1099-R and auto adjust all the calculations, and it looks like I actually owe the US Treasury about $35...just wondering if this will cause anymore headaches for me in the future on top of what I have already done as stated in my previous question?

Answer 1

As stated by many others, no amended return is necessary. Just make sure that you keep copies of all of your W-2's and a copy of your return. It is possible that the IRS may contact you because your W-2's don't match the ones which were filed with IRS. If you are contacted, you will need to provide an explanation as to why your return does not match your W-2's and to prove that you actually did report your income correctly.

Answer 2

With your first problem, IRS does get all W2 info electronically and the computers over there check against various inaccuracies /frauds automatically. I would imagine worst case it sends out a notice of discrepancy of the W2 split up . But because with your 1099 R and ammended return, If that is accurate (may want to check how the "big refund turned into you owing money to IRS. The 1099 R must be large...) I would not worry if this is accurate and you filed the ammended return correctly.

Answer 3

Don't worry about it, but keep all the paperwork. There is some possiblity that at some point it will kick out of the IRS computers since it doesn't match exactly - if the total is correct, that might not even happen. If it does, there is an even smaller possibility that they'd contact you about it - if so, you'd probably have to send them or fax them copies of the three W-2's. In the meantime, leave it alone. There's nothing to file an amended return on - the numbers don't change.

Answer 4

Crissy's answer is wrong. You are OK for the federal return, because you actually only submit totals to IRS. But if you worked in more than one state, you would only report the income earned in that state on their return.

You aren't in trouble and your refund should not be delayed. You have just encountered the problem with filing using a computer program. They do not always tell you what to do, because the programs are designed by people who have little experience in taxes

Answer 5

For your individual tax return, you don't need to specify that you had three different jobs. The numbers you placed into your return are correct.

The IRS shouldn't have a problem at all. The only thing I can think of is to make sure your ERO retains a copy of all three W2s, if applicable.

Even if you did input the data for all three W2s, that's not the information the IRS gets. They get the total numbers, which you said are correct.

Answer 6

Depending on how much money you earned at the jobs, you may actually be entitled to more money back. If you earned more than the social security limit (something around 80-90k) and worked at multiple employers, you can get a refund of the excess social security. Also, there may be excess state taxes (like California SDI) that could also be refunded on a state return. If it was on one W2, and there was excess social security, you would need to go back to the company to correct.
Since you are amending it would be advantageous to correct it anyway.

Answer 7

I have seen the answers from the first three answerer's.
And, since it was filed electronically and accepted and the numbers were correct, your refund should be correct, the only thing is that the IRS is being submitted 3 different w-2 employers, with 3 different FID numbers and so somewhere and sometime it may cause a problem, just because of inaccuracy in your reporting. Because employer A. B. & C. are reporting your social security and medicare payments from their Federal files, I would go ahead a file an amended form with an explanation so that your filing will match the IRS.....This will be done by paper and mail, so....it will not interfere with your present processing.

www.irs.gov, individual, where's my refund?

good luck

Answer 8

Do nothing, so long as the total is correct.
Don't try to file a 1040X (as suggested by someone), since it only deals with totals, and the totals don't change.

Answer 9

First, you appear disturbed and disoriented. Calm down and dont ramble at the interview. Do you want to visit my village in Africa? That will help reduce your stress.

Answer 10

You need to file an amended return, because if you get audited which is very likely, you are going to have to pay a penalty on that refund, so if i were you i would immediately file a 1040x and explain the situation, and not spend the money being deposited in your account, because your refund could be a completely different amout....do not cheat on your taxes because that looks like you are cheating....