j.x.a.peter...[at]gmail.com wrote:
- quote -

Andy comments:

Last year on my taxes I forgot to add in a 2000 dollar income item.
When the IRS send me my refund for that year, it had added the item
in
and sent me a lower refund, based on what it should have been.

They added a cover letter saying that if I disagreed with their
accounting, I should contact them. Otherwise , we were all
square.....

I think that might be what is done in your case. If they have a
record
of what the amount should be, as on the W2, they might just send you
back
a refund that is $1.40 less than you expect.....

Or, they might just blow the whole thing off....

Either way, you won't be in trouble for an honest mistake of very
very
small consequence...... You can sleep easily.

Andy

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I finished filing my 2008 taxes and then noticed that I made a typo
and underreported my W-2 income by $5 (that's just 5, not 5K or 5M). I
filed Schedule B and Schedule D along with the 1040 and there were no
errors on the schedules.

I'm hoping I don't need to do anything to correct this, since this
particular error is not something that affects the accounting on
future returns, and my additional liability is a mere $1.40. What say
you?

JP

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >