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Old 03-20-2009, 11:43 PM
Arthur Kamlet
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Default Re: Tax period

In article <2cc23fdf-32ab-41e3-b2e4-0ad30dca2409[at]a39g2000yqc.googlegroups.com> ,
<bcw[at]bcweis.com> wrote:
- quote -

> I changed jobs last year. I recently (late) received my w-2's from my
> previous employer. I found that there was an extra amount of income
> reported than I actually received in the amount of one paycheck.
> The first check I received in 2008 was actually for the second pay
> period in December of 2007. The employer was counting this as 2008
> income because it was paid in 2008.
> I don't think this is allowed, is it? I mean, don't you owe/pay taxes
> during the year in which the work was actually conducted?
> I can't seem to find the tax code to reference to find this answer. I
> want to be able to tell the employer to reissue W-2's that reflect the
> actual pay/tax during 2008.



Your taxable income is for the year in which you were paid
not the year in which you earned the income.
--

ArtKamlet at a o l dot c o m Columbus OH K2PZH

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
  #-1  
Old 03-20-2009, 11:16 PM
bcw@bcweis.com
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Posts: n/a
Default Tax period

I changed jobs last year. I recently (late) received my w-2's from my
previous employer. I found that there was an extra amount of income
reported than I actually received in the amount of one paycheck.

The first check I received in 2008 was actually for the second pay
period in December of 2007. The employer was counting this as 2008
income because it was paid in 2008.

I don't think this is allowed, is it? I mean, don't you owe/pay taxes
during the year in which the work was actually conducted?

I can't seem to find the tax code to reference to find this answer. I
want to be able to tell the employer to reissue W-2's that reflect the
actual pay/tax during 2008.

Please help!

--
<< ------------------------------------------------------- > << 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. > << ------------------------------------------------------- >
 
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