Discussion:Is this wrong?

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

(Difference between revisions)
Jump to: navigation, search
Revision as of 00:47, 20 February 2008
Szptax (Talk | contribs)
(do you mean to s)
← Previous diff
Revision as of 01:11, 20 February 2008
TxSrv (Talk | contribs)
(a) How do we kno)
Next diff →
Line 15: Line 15:
{{ForumReplyPost|UserID=Szptax|Date=20 February 2008|Text=do you mean to say that the former employer paid your friend his net check amount in "regular" check, rather than through the payroll process whereby the employee would receive a paystub itemizing withholdings? If this is the case the former employer made a mistake and I would give them the opportunity to file an W-2c.}} {{ForumReplyPost|UserID=Szptax|Date=20 February 2008|Text=do you mean to say that the former employer paid your friend his net check amount in "regular" check, rather than through the payroll process whereby the employee would receive a paystub itemizing withholdings? If this is the case the former employer made a mistake and I would give them the opportunity to file an W-2c.}}
 +
 +{{ForumReplyPost|UserID=TxSrv|Date=20 February 2008|Text=a) How do we know the employer did not pay over the taxes? b) How can IRS deny employee what it says on W-2, if it matches what pay and taxes are supposed to be?}}

Revision as of 01:11, 20 February 2008

Discussion Forum Index --> Basic Tax Questions --> Is this wrong?
Discussion Forum Index --> Tax Questions --> Is this wrong?

Maggie29 (talk|edits) said:

19 February 2008
I am a new tax law student, maybe this question is stupid for professional.

A friend left his company last Oct,and now he found the company didnot pay tax on his last month's salary although he got after-tax salary. Now he is going to file his tax return,and also he asked the accountant in the company but didnot get any response. Is it wrong if the company didnot pay tax on the last month' salary? how to deal with the situation?thanks

LSC CPA (talk|edits) said:

19 February 2008
How does he know the company didn't pay the tax? Does his W-2 show withholding? It's the company's problem with the IRS if it didn't pay the tax.

Maggie29 (talk|edits) said:

19 February 2008
If the company didnot pay tax on last month's salary, how can he ask tax return on last month's salary since he got after tax salary. thanks

Oldeastsidr (talk|edits) said:

19 February 2008
The way I see your question is that the company withheld the tax from your friend's salary but the company did not pay those taxes to the IRS. AS LSC said, if your friend received his salary after the taxes were withheld, and the W-2 shows that taxes were withheld, he then files his tax return as if the company did in fact pay the withheld taxes to the IRS. If the company withheld the taxes and simply used that money for other purposes (business expenses, trip to Aruba, etc), then it is the company's problem -- the IRS will pursue the company and try to collect those withheld taxes (plus penalties and interest). Your friend simply files his tax return and claims a credit for the taxes that were withheld from his salary.

BEGooding (talk|edits) said:

February 19, 2008
I would give the former the employer the opportunity to correct the situation before you open a whole can of worms. Send employer a letter explaining the situation and your plans to contact IRS for guidance if they do not respond by a certain date.

Szptax (talk|edits) said:

20 February 2008
do you mean to say that the former employer paid your friend his net check amount in "regular" check, rather than through the payroll process whereby the employee would receive a paystub itemizing withholdings? If this is the case the former employer made a mistake and I would give them the opportunity to file an W-2c.

TxSrv (talk|edits) said:

20 February 2008
a) How do we know the employer did not pay over the taxes? b) How can IRS deny employee what it says on W-2, if it matches what pay and taxes are supposed to be?