Discussion:Filing before W-2 is received
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| Revision as of 19:27, 19 January 2009 GoalieEd (Talk | contribs) (I looked up the) ← Previous diff |
Revision as of 23:35, 19 January 2009 HAPPY TAX (Talk | contribs) (GoalieEd, that's) Next diff → |
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| Wow. I wonder what critera is the exception to "Generally" filiing before April 15th? | Wow. I wonder what critera is the exception to "Generally" filiing before April 15th? | ||
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| + | {{ForumReplyPost|UserID=HAPPY TAX|Date=19 January 2009|Text=GoalieEd, that's the gist of what I was asking in my 1/18 post. | ||
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| + | The general rule of thumb which I've always heard and always used is that after 2/14 it's ok to use substitutes for W2s, along with a Form 4852. But once I actually tried to find some reference to permit that, I've come up dry. Even RAL banks concede that it's ok to use substitutes for W2s on and after 2/15, but nobody seems to be able to point to an authority for doing so. I guess I'll just use the authority we used to use in the military, "It's common knowledge." }} | ||
Revision as of 23:35, 19 January 2009
Discussion Forum Index --> Basic Tax Questions --> Filing before W-2 is received
Discussion Forum Index --> Tax Questions --> Filing before W-2 is received
| 18 January 2009 | |
| My client lost his job and is anticipating a refund. W-2's have not been received, but he'd like to file his return to get the refund based upon his last pay stub.
Do we have the ability to file his return this early or do we need to either wait until after Feb. 15th or he has received his W-2? I know H&R block will allow him to file early and get a RAL or do they actually file the return at a later date and just advance the funds for a month? Thank you so much for your comments. Nance | |
| 18 January 2009 | |
| Please refer to this discussion: Filing before W-2. | |
| 18 January 2009 | |
| For the Emerald Advance (the name of the H&R Block product you are referring to) it was a tax estimate that was submitted to H&R Block bank. The program ended 1-15-09, so it's no longer available. They still had either come back and file with H&R Block to repay the loan, or file elsewhere and make alternative arrangements to repay the loan. | |
| 18 January 2009 | |
| Can someone direct me to the reference that allows filing with a Form 4852 and a substitute for a W2 as of February 15? That has always been my understanding too, that you're ok to proceed with a 4852 if the client hasn't received the W2 by February 15.
But the IRS blurbs that I have read this year specify that you have to comply with the 4852 instructions in case of nonreceipt of a W2, and those instructions state that "generally do not file Form 4852 before April 15." The 4852 instructions do tell the taxpayer he can call the IRS after February 14. By doing that will the IRS give him permission to proceed with a 4852 before April 15? If he fails to call the IRS after February 14, is he prohibited from using the Form 4852 before April 15? I've always used the 4852 after February 15 rule, but now that I've tried to find an authority for doing so, I've come up dry. Hopefully someone has an authority for a 4852 after February 15. There's no way to hang onto clients if we have to tell them, see you on April 15, and good luck getting an appointment that day. Hopefully someone will make this easy for me. Thanks. | |
| 18 January 2009 | |
| To my knowledge the only taxpayers that could file with other than a W-2 were military, however, i don't know whether this is still true.
The latest info from the IRS requires the W-2 prior to filing or, and only if there is no way for the taxpayer to obtain the W-2, the taxpayer must notify the IRS information on the employer who is failing to provide the W-2 and details of attempts to obtain the W-2 along with detail on what was used to report the figures used on the substitute W-2 form. taxea | |
| January 19, 2009 | |
| You cannot efile without orig. in hand. You cannot mail/file without orig. attached.
No. | |
| 19 January 2009 | |
| Our firm has always prepared a substitute W-2 after Feb 15th if the client indicates that they simply cannot obtain a W-2 from a particular employer for a legitimate reason. Never any indication that there was any problem with that from the IRS.
I don't like the new IRS access to forms and or publications. Liked it the way it was before. | |
| 19 January 2009 | |
| I looked up the form 4852 (Subsitute statement). In the instruction portion, it says:
You should always attempt to get Form W-2 or Form 1099-R from your employer or payer before contacting the IRS or filing Form 4852. After February 14, you may call the IRS at 1-800-829-1040 if you still have not received Form W-2 or Form 1099-R. Generally, do not file Form 4852 before April 15. Wow. I wonder what critera is the exception to "Generally" filiing before April 15th? | |
| 19 January 2009 | |
| GoalieEd, that's the gist of what I was asking in my 1/18 post.
The general rule of thumb which I've always heard and always used is that after 2/14 it's ok to use substitutes for W2s, along with a Form 4852. But once I actually tried to find some reference to permit that, I've come up dry. Even RAL banks concede that it's ok to use substitutes for W2s on and after 2/15, but nobody seems to be able to point to an authority for doing so. I guess I'll just use the authority we used to use in the military, "It's common knowledge." | |
