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  #7  
Old 02-05-2004, 09:15 PM
Victor Roberts
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Default Re: Duplicate (almost) Forms W-2

ras1[at]aol.com (IraS1) wrote:

- quote -

> Employers submit copies of the W-2 to the Social Security
> Administration which then passes the collected data on to
> the IRS later in the year.


Thank you Phil, Ernie and Ira for reminding me of this fact.
Since I file the W-2 and W-3 forms for my small company at
www.ssa.gov I should have remembered this. Perhaps somewhere
in my subconscious I did, but also thought that one part of
our government actually communicated efficiently with the
other parts of the same government. How silly of me :-)

--
Vic Roberts

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #6  
Old 02-05-2004, 04:48 AM
IraS1
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Default Re: Duplicate (almost) Forms W-2

- quote -

> I then called the IRS to see if they could tell me if one or
> two W-2's had been filed for me by this employer. They said
> no because they do not have access to the employer submitted
> data until September or October when they do the
> reconciliation with submitted tax returns. I thought this
> was interesting because I own a very small company now and
> believe that W-2's and W-3 must be filed by March 1 (or
> March 31 if you file electronically.) I guess the W-2 have
> to "age" a bit before the IRS thinks they are ready


Employers submit copies of the W-2 to the Social Security
Administration which then passes the collected data on to
the IRS later in the year.

Ira Smilovitz

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #5  
Old 02-05-2004, 04:48 AM
Ernie Betts
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Default Re: Duplicate (almost) Forms W-2

Victor Roberts <Vic[at]Lighting-Research.com> wrote:
- quote -

> philmarti[at]aol.com (Phil Marti) wrote:
> > Victor Roberts <Vic[at]Lighting-Research.com> writes:


> I then called the IRS to see if they could tell me if one or
> two W-2's had been filed for me by this employer. They said
> no because they do not have access to the employer submitted
> data until September or October when they do the
> reconciliation with submitted tax returns. I thought this
> was interesting because I own a very small company now and
> believe that W-2's and W-3 must be filed by March 1 (or
> March 31 if you file electronically.) I guess the W-2 have
> to "age" a bit before the IRS thinks they are ready :-)


The w-2's are sent to SSA first for processing, then to IRS.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #4  
Old 02-05-2004, 04:28 AM
Phil Marti
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Posts: n/a
Default Re: Duplicate (almost) Forms W-2

Victor Roberts <Vic[at]Lighting-Research.com> writes:

- quote -

> I then called the IRS to see if they could tell me if one or
> two W-2's had been filed for me by this employer. They said
> no because they do not have access to the employer submitted
> data until September or October when they do the
> reconciliation with submitted tax returns. I thought this
> was interesting because I own a very small company now and
> believe that W-2's and W-3 must be filed by March 1 (or
> March 31 if you file electronically.) I guess the W-2 have
> to "age" a bit before the IRS thinks they are ready :-)


No. If you look at the W-2/W-3 instructions you'll see that
they're filed with the Social Security Administration, not
the IRS. IRS then gets the info from SSA after it's been
processed.

Phil Marti
Topeka, KS

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #3  
Old 02-05-2004, 04:09 AM
Victor Roberts
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Default Re: Duplicate (almost) Forms W-2

Harlan Lunsford <lunstax[at]bellsouth.net> wrote:

- quote -

> Look a little more closely at both, esp for a box probably
> at the top, inconspicous perhaps, marked "corrected copy".
> Is that the case?


No indication of "corrected copy" anywhere.

--
Vic Roberts

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #2  
Old 02-04-2004, 04:11 AM
Victor Roberts
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Posts: n/a
Default Re: Duplicate (almost) Forms W-2

philmarti[at]aol.com (Phil Marti) wrote:
- quote -

> Victor Roberts <Vic[at]Lighting-Research.com> writes:

> > Since the same income is reported on two Form W-2s, will the
> > IRS think that I earned and should report the sum of the
> > income shown in Box 1 of each Form W-2, which would be twice
> > what I actually received?


> They may, but it shouldn't take you long to disabuse them of
> the notion. Notify you employer that the second should have
> been marked "corrected," but don't worry about it if they
> don't fix it.


Thanks! I did call the employer Monday morning but they
claim they only sent ONE W-2 form. I offered to fax them
copies of both. They turned down this offer but then
accepted what I said. They also stated that they sent only
ONE W-2 (with my SS# of course) to the IRS. This is the
payroll department of one of the 10 largest companies in the
US. I would think they could do better.

I then called the IRS to see if they could tell me if one or
two W-2's had been filed for me by this employer. They said
no because they do not have access to the employer submitted
data until September or October when they do the
reconciliation with submitted tax returns. I thought this
was interesting because I own a very small company now and
believe that W-2's and W-3 must be filed by March 1 (or
March 31 if you file electronically.) I guess the W-2 have
to "age" a bit before the IRS thinks they are ready :-)

--
Vic Roberts

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #1  
Old 02-04-2004, 02:35 AM
Harlan Lunsford
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Posts: n/a
Default Re: Duplicate (almost) Forms W-2

Victor Roberts wrote:

- quote -

> My ex employer sent me two W-2 forms for the same
> non-pension related income. (The income is for a
> supplemental pension plan and income from the exercise of
> non-statutory stock options. The two Form W-2s are identical
> except for the fact that one does not have any entry in Box
> 12 and also does not list any state income or income tax
> withheld while the second Form W-2 list the stock option
> proceeds in Box 12 with a Code V and also lists the total
> and correct state income and state income tax withheld.
> Both W-2s were received today.
> It seems that one is incorrect and I should have received a
> Form W-2c instead of the second Form W-2.
> Since the same income is reported on two Form W-2s, will the
> IRS think that I earned and should report the sum of the
> income shown in Box 1 of each Form W-2, which would be twice
> what I actually received?


Look a little more closely at both, esp for a box probably
at the top, inconspicous perhaps, marked "corrected copy".
Is that the case?

Cheer$,
Harlan Lunsford, EA n LA

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 
Old 02-03-2004, 02:09 AM
Phil Marti
Guest
 
Posts: n/a
Default Re: Duplicate (almost) Forms W-2

Victor Roberts <Vic[at]Lighting-Research.com> writes:

- quote -

> Since the same income is reported on two Form W-2s, will the
> IRS think that I earned and should report the sum of the
> income shown in Box 1 of each Form W-2, which would be twice
> what I actually received?


They may, but it shouldn't take you long to disabuse them of
the notion. Notify you employer that the second should have
been marked "corrected," but don't worry about it if they
don't fix it.

Phil Marti
Topeka, KS

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 02-02-2004, 12:05 AM
Victor Roberts
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Posts: n/a
Default Duplicate (almost) Forms W-2

My ex employer sent me two W-2 forms for the same
non-pension related income. (The income is for a
supplemental pension plan and income from the exercise of
non-statutory stock options. The two Form W-2s are identical
except for the fact that one does not have any entry in Box
12 and also does not list any state income or income tax
withheld while the second Form W-2 list the stock option
proceeds in Box 12 with a Code V and also lists the total
and correct state income and state income tax withheld.

Both W-2s were received today.

It seems that one is incorrect and I should have received a
Form W-2c instead of the second Form W-2.

Since the same income is reported on two Form W-2s, will the
IRS think that I earned and should report the sum of the
income shown in Box 1 of each Form W-2, which would be twice
what I actually received?

--
Vic Roberts

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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