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#6
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| If your combined taxable earnings exceed $87,000 this year, you may be over-paying social security tax. There is a line on the long 1040 for this refund. This can occur for people who change jobs during the year or people that work more than one job at a time. Each employer's tax software assumes is the only one contributing to SS. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| nisha wrote: - quote - > A person P plans to work on 2 full time jobs with employers
The magic words: "P is a robot and ......" Well, robots do> E1 and E2. > Is there any tax issue, with having two W2s from two > different employers showing the same period of employment? > IRS audit trigger? Are any of the following assumptions > illegal? > Is there anything at all, from any point of view that sounds illegal? > Assume the following, > Both employers E1 and E2 are not competitors and hence > employee P is not violating any policies. > P is a robot and hence doesnt need rest/relaxation:-))) > P works in both jobs for 40 hours each , a total of 80 hours. > E1 and E2 do not know that person P is working for the other. > Employee takes care of the 401k issue, by not over-contributing. > Employee ensures that IRS is paid well from both the > paychecks, well enough to get his a tax refund when he files > his returns next year. NOT get W-2 forms. The get WD-40 and maintenance only. sounds like a trick question. Cheer$, Harlan Lunsford, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| "Joanne" <Joanne[at]jobirdnest.com> wrote: - quote - > "nisha" <nisha_tm[at]yahoo.com> wrote:
Also, many people have multiple W-2s although not> > A person P plans to work on 2 full time jobs with employers > > E1 and E2. > > > Is there any tax issue, with having two W2s from two > > different employers showing the same period of employment? > > IRS audit trigger? Are any of the following assumptions > > illegal? > The W2s are not dated, therefore, do not report this > information. > It is very odd that a US citizen (my assumption) would ask > such a question. We are free to work as hard and long as we > wish as long as we aren't breaking OSHA rules such as those > imposed on driving time limits or flying, etc. necessarily from working two or more jobs simultaneously. Many people also work full-time at one place and on week-ends or at night on a second part-time (or even full-time job). Working two jobs sometimes results in excess social security being withheld, and you get it back when you report it properly on your Form 1040. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| "Joanne" <Joanne[at]jobirdnest.com> wrote: - quote - > "nisha" <nisha_tm[at]yahoo.com> wrote:
I know for a fact that those on certain visas CANNOT have> > A person P plans to work on 2 full time jobs with employers > > E1 and E2. > > > Is there any tax issue, with having two W2s from two > > different employers showing the same period of employment? > > IRS audit trigger? Are any of the following assumptions > > illegal? > The W2s are not dated, therefore, do not report this > information. > It is very odd that a US citizen (my assumption) would ask > such a question. We are free to work as hard and long as we > wish as long as we aren't breaking OSHA rules such as those > imposed on driving time limits or flying, etc. more than one employer. -- David M. Woods, EA Boston, MA 02109 Postings here are general information only and not to be relied upon as advice. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| Joanne wrote: <<SNIP> - quote - > It is very odd that a US citizen (my assumption) would ask
And, not violating the employment contract with either or> such a question. We are free to work as hard and long as we > wish as long as we aren't breaking OSHA rules such as those > imposed on driving time limits or flying, etc. both employers. Regards, Bill ~~~~ Associate Professor of Accounting Longwood University Department of Accounting, Economics & Finance http://www.longwood.edu/staff/wpbrown/ Opinions expressed by me are mine, not my employer's. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| - quote - > A person P plans to work on 2 full time jobs with
Why would there be anything illegal about it? I have a> employers E1 and E2. > Is there any tax issue, with having two W2s from two > different employers showing the same period of > employment? IRS audit trigger? Are any of the > following assumptions illegal? > Is there anything at all, from any point of view that > sounds illegal? friend who worked THREE full-time jobs in order to support herself and her two kids. Of course, the lady never slept and rarely ate meals or dated. <G Carol If you awoke to find yourself a success, you weren't asleep. Semper Gumby (Always Flexible) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "nisha" <nisha_tm[at]yahoo.com> wrote: - quote - > A person P plans to work on 2 full time jobs with employers
The W2s are not dated, therefore, do not report this> E1 and E2. > Is there any tax issue, with having two W2s from two > different employers showing the same period of employment? > IRS audit trigger? Are any of the following assumptions > illegal? information. It is very odd that a US citizen (my assumption) would ask such a question. We are free to work as hard and long as we wish as long as we aren't breaking OSHA rules such as those imposed on driving time limits or flying, etc. -- Sincerely, Joanne << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| A person P plans to work on 2 full time jobs with employers E1 and E2. Is there any tax issue, with having two W2s from two different employers showing the same period of employment? IRS audit trigger? Are any of the following assumptions illegal? Is there anything at all, from any point of view that sounds illegal? Assume the following, Both employers E1 and E2 are not competitors and hence employee P is not violating any policies. P is a robot and hence doesnt need rest/relaxation:-))) P works in both jobs for 40 hours each , a total of 80 hours. E1 and E2 do not know that person P is working for the other. Employee takes care of the 401k issue, by not over-contributing. Employee ensures that IRS is paid well from both the paychecks, well enough to get his a tax refund when he files his returns next year. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |