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#5
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| - quote - > > > > I have a W2 from my disability insurance provider. It has no
In a $50 table bracket, 2 of every 50 times you could expect> > > > wages reported in Box 1. The only box it has is in 12. The > > > > letter code that came along with it says, the wages reported > > > > is not taxable. > > > > > > > Since I don't have anything to report from this W2, should I > > > > still send it to IRS when I file the tax. > > > > > > > The problem is TurboTax won't allow me to do efile if I have > > > > this W2 with empty Box 1. (no wages to report). > > > To e-file, just put $1 in box 1 and the J in 12a. You may > > > have to answer a question about being exempt from > > > SSA/medicare. Been doing these type of w-2's this way for > > > about 8 years and no problems. > > And the extra dollar never pushed one into a higher tax > > bracket? It could, you know. > Haven't had one yet. If it does, reduce one of the others by > a buck. Remember every thing is rounded. Heck on a long > 1099B because of rounding you can be "off" a little. to see that $1 puch you to another bracket. Why put in $1 and worry? As long as the IRS sets an efiling standard that says they want to see only W-2 forms that have $1 or more in box 1, I assume they don't ewant to see those with 0 in box 1. An ERO has to transmit an accurate W-2 and we can ask is it more accurate to add $1 to box 1 or to not file a zero W-2 which Pub 1435A says you cannot file anyway? __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << 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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| Harlan Lunsford <lunstax[at]bellsouth.net> wrote: - quote - > Ernie Betts wrote:
Haven't had one yet. If it does, reduce one of the others by> > routed2000[at]yahoo.com (GBit) wrote: > > > I have a W2 from my disability insurance provider. It has no > > > wages reported in Box 1. The only box it has is in 12. The > > > letter code that came along with it says, the wages reported > > > is not taxable. > > > > > Since I don't have anything to report from this W2, should I > > > still send it to IRS when I file the tax. > > > > > The problem is TurboTax won't allow me to do efile if I have > > > this W2 with empty Box 1. (no wages to report). > > To e-file, just put $1 in box 1 and the J in 12a. You may > > have to answer a question about being exempt from > > SSA/medicare. Been doing these type of w-2's this way for > > about 8 years and no problems. > And the extra dollar never pushed one into a higher tax > bracket? It could, you know. a buck. Remember every thing is rounded. Heck on a long 1099B because of rounding you can be "off" a little. << -------------------------------------------------> << 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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| Ernie Betts wrote: - quote - > routed2000[at]yahoo.com (GBit) wrote:
And the extra dollar never pushed one into a higher tax> > I have a W2 from my disability insurance provider. It has no > > wages reported in Box 1. The only box it has is in 12. The > > letter code that came along with it says, the wages reported > > is not taxable. > > > Since I don't have anything to report from this W2, should I > > still send it to IRS when I file the tax. > > > The problem is TurboTax won't allow me to do efile if I have > > this W2 with empty Box 1. (no wages to report). > To e-file, just put $1 in box 1 and the J in 12a. You may > have to answer a question about being exempt from > SSA/medicare. Been doing these type of w-2's this way for > about 8 years and no problems. bracket? It could, you know. cheer$, 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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#2
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| routed2000[at]yahoo.com (GBit) wrote: - quote - > I have a W2 from my disability insurance provider. It has no
To e-file, just put $1 in box 1 and the J in 12a. You may> wages reported in Box 1. The only box it has is in 12. The > letter code that came along with it says, the wages reported > is not taxable. > Since I don't have anything to report from this W2, should I > still send it to IRS when I file the tax. > The problem is TurboTax won't allow me to do efile if I have > this W2 with empty Box 1. (no wages to report). have to answer a question about being exempt from SSA/medicare. Been doing these type of w-2's this way for about 8 years and no problems. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| GBit wrote: - quote - > I have a W2 from my disability insurance provider. It has no
therefore you may safely omit it from data entry.> wages reported in Box 1. The only box it has is in 12. The > letter code that came along with it says, the wages reported > is not taxable. > Since I don't have anything to report from this W2, should I > still send it to IRS when I file the tax. > The problem is TurboTax won't allow me to do efile if I have > this W2 with empty Box 1. (no wages to report). Cheer$, 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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| routed2000[at]yahoo.com (GBit) writes: - quote - > I have a W2 from my disability insurance provider. It has no
No> wages reported in Box 1. The only box it has is in 12. The > letter code that came along with it says, the wages reported > is not taxable. > Since I don't have anything to report from this W2, should I > still send it to IRS when I file the tax. - quote - > The problem is TurboTax won't allow me to do efile if I have
That's why you don't tell TT about it. What it doesn't know> this W2 with empty Box 1. (no wages to report). won't hurt you. 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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| I have a W2 from my disability insurance provider. It has no wages reported in Box 1. The only box it has is in 12. The letter code that came along with it says, the wages reported is not taxable. Since I don't have anything to report from this W2, should I still send it to IRS when I file the tax. The problem is TurboTax won't allow me to do efile if I have this W2 with empty Box 1. (no wages to report). Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| reported, wages |
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