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#7
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| ras1[at]aol.com (IraS1) wrote: - quote - > Employers submit copies of the W-2 to the Social Security
Thank you Phil, Ernie and Ira for reminding me of this fact.> Administration which then passes the collected data on to > the IRS later in the year. 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 > << -------------------------------------------------> |
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#6
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| - quote - > I then called the IRS to see if they could tell me if one or
Employers submit copies of the W-2 to the Social Security> 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 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 > << -------------------------------------------------> |
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#5
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| Victor Roberts <Vic[at]Lighting-Research.com> wrote: - quote - > philmarti[at]aol.com (Phil Marti) wrote:
The w-2's are sent to SSA first for processing, then to IRS.> > 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 Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| Victor Roberts <Vic[at]Lighting-Research.com> writes: - quote - > I then called the IRS to see if they could tell me if one or
No. If you look at the W-2/W-3 instructions you'll see that> 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 :-) 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 > << -------------------------------------------------> |
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#3
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| Harlan Lunsford <lunstax[at]bellsouth.net> wrote: - quote - > Look a little more closely at both, esp for a box probably
No indication of "corrected copy" anywhere.> at the top, inconspicous perhaps, marked "corrected copy". > Is that the case? -- Vic Roberts << -------------------------------------------------> << 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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| philmarti[at]aol.com (Phil Marti) wrote: - quote - > Victor Roberts <Vic[at]Lighting-Research.com> writes:
Thanks! I did call the employer Monday morning but they> > 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. 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 > << -------------------------------------------------> |
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#1
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| Victor Roberts wrote: - quote - > My ex employer sent me two W-2 forms for the same
Look a little more closely at both, esp for a box probably> 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? 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 > << -------------------------------------------------> |
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| Victor Roberts <Vic[at]Lighting-Research.com> writes: - quote - > Since the same income is reported on two Form W-2s, will the
They may, but it shouldn't take you long to disabuse them of> 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? 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 > << -------------------------------------------------> |
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#-1
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| 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 > << -------------------------------------------------> |
| Tags |
| duplicate, forms |
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