[ale] OT: Taxing issues
Dow Hurst
dhurst at kennesaw.edu
Tue Apr 23 11:36:00 EDT 2002
Taxes are rounded off to the dollar. They always round down on refunds
though...
Dow
PS. Just kidding, I really don't think they always round down on
refunds. ;)
Joseph A Knapka wrote:
>
> Hi folks,
>
> Weird 1040 issue: I got a W-2 from my employer that
> reported I had $0.46 of income in Georgia last year.
> The bulk of my income was on my Texas W-2; I don't
> even know how I managed to make forty-six cents in
> Georgia.
>
> Anyway, I submitted my tax return via ezTaxReturn.com,
> which really was "EZ". But the IRS rejected it.
> I noticed that the W-2 with the $0.46 income was
> being rounded down to $0, so I deleted it from
> my on-line return, and the IRS then accepted the
> return.
>
> So the question is, is it acceptable to not report
> income of under $1? If I had sent a paper 1040A
> to the IRS with both of those physical W-2's
> stapled to it, would they have rejected *that*
> and insisted I take back the GA W-2??? Am I
> setting myself up for a lifetime of IRS harrassment
> by not reporting that income?
>
> Wouldn't it be nice if we just had a nationwide
> 20% sales tax, and ditch the IRS?
>
> Bleah.
>
> -- Joe
> Using open-source software: free.
> Pissing Bill Gates off: priceless.
>
> ---
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--
__________________________________________________________
Dow Hurst Office: 770-499-3428
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Kennesaw, GA 30144
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