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So I'm dealing with this weird situation for my 2024 taxes. I have two W-2 forms from the exact same company but with different dollar amounts on each. I think our company switched payroll systems mid-year or something because one W-2 shows about $14,500 in wages and the other shows around $36,000. I'm trying to e-file my taxes and I'm not sure if the system will even let me enter two W-2s from the same employer. Do I just add them together? Enter them separately? I've never run into this before and don't want to mess anything up. The employer name and EIN are identical on both forms. Has anyone dealt with this before? Any advice would be super helpful!
Hello everyone, I wanted to share my current tax situation and see if anyone has insights on timing. Here's what happened step by step: 1. I completed my identity verification on Sunday (May 2nd) 2. I called the IRS to confirm the status 3. The representative confirmed my verification was successful 4. She specifically mentioned I wouldn't need to verify again 5. The verification notification disappeared from my account immediately after Now I'm trying to determine how long it typically takes to receive a direct deposit after successful verification. Has anyone been through this process recently? I've heard different timeframes, but would appreciate current information based on this tax season's processing times.
Compared to other verification situations I've seen, yours seems to be moving along the standard path. When verification happens on weekends versus weekdays, there's typically a slight difference in processing speed - weekend verifications often take about 1-2 days longer than weekday ones because the actual processing doesn't begin until Monday. Also, if you're comparing your timeline to pre-2023 experiences, keep in mind that the current IRS systems have been updated and generally process verified returns about 20% faster than in previous years, assuming all other factors are equal.
I went through this exact same process about 3 weeks ago and can share my timeline. I verified my identity on a Tuesday evening, called to confirm the next day, and the verification notice disappeared from my account within 24 hours. My direct deposit hit my bank account exactly 11 days later on a Saturday morning. One thing I noticed is that my transcript updated with a 846 refund issued code about 2 days before the actual deposit appeared in my account. So if you're checking your transcript regularly (which you can do on the IRS website), that code will give you a heads up that your deposit is coming soon. The waiting is definitely nerve-wracking, but based on what I'm seeing from others this season, your timeline sounds very normal.
I just received a CP30 notice from the IRS saying I owe a penalty for not paying enough estimated taxes throughout the year. I'm trying to pay it online through the IRS Direct Pay site, but I'm confused about which "reason for payment" I should select from the dropdown menu. The options don't seem to clearly indicate which one is for estimated tax penalties. There's "estimated tax" but that seems like it would be for regular estimated tax payments, not specifically for a penalty. There's also "tax return" or "notice" options, but I'm not sure which is most appropriate for a CP30 penalty. Has anyone dealt with this before? I want to make sure the payment gets applied correctly so I don't end up with more issues. This is my first time getting hit with an estimated tax penalty so I'm a bit nervous about messing up the payment process.
Is anyone else frustrated that the IRS makes this stuff so confusing? Like why can't they just add a specific payment reason option for "penalty payment" or "CP30 payment" instead of making us guess? And their website looks like it was built in 2003.
For real! The whole system is designed to be as user-unfriendly as possible. And don't even get me started on their "helpful" instructions that just refer you to other publications with more confusing language.
I had the exact same issue with my CP30 notice last month! The "Notice" option is definitely correct - I called the IRS to confirm (after waiting 3 hours on hold) and they specifically told me to select "Notice" then enter "CP30" in the notice number field. One thing to watch out for: make sure you're entering the exact penalty amount shown on your CP30, not your total tax owed. The penalty amount should be clearly listed in a box on the notice. I almost made the mistake of paying my entire tax balance instead of just the penalty portion. Also, if you're planning to make estimated tax payments going forward to avoid this penalty next year, you can set those up through the same IRS Direct Pay system using the "Estimated Tax" option. Just make sure to keep your CP30 payment separate from any regular estimated payments.
I relocated to a different state about halfway through 2023 and I'm totally confused about how to handle my home office deductions. I've been doing contract work from home for about 3 years now, and I had dedicated office spaces in both my old house and my new one. What's the right way to report this on my taxes? Should I be filing two separate Schedule Cs to account for each home office? Or am I supposed to combine all the deductions from both offices onto one Schedule C? What about using the simplified method - can I use it for one office but not the other? And how do I properly allocate these deductions between the two different states? I've tried using several free tax software programs (TaxAct, FreeTaxUSA, and another one) but they're all handling it differently. Some try to calculate the deduction automatically, but that doesn't work because the square footage ratios were completely different between my old and new home offices. And some of these programs only let me create one Schedule C! I've always found home office deductions pretty straightforward when it was just one office, but having two in different states has me completely stumped. I really want to avoid making mistakes on my taxes. Any advice would be super helpful!!
Has anyone tried TurboTax for this? I'm in the exact same situation (moved from Illinois to Georgia in August) and wondering if it handles multiple home offices better than the free options. Willing to pay if it actually works correctly.
I used TurboTax Self-Employed last year when I moved mid-year. It lets you enter two different home offices with different time periods. You'll need the Self-Employed version though, not Deluxe. It asks for the dates you used each office and calculates everything properly including the state allocation.
I actually went through this exact situation two years ago when I moved from Pennsylvania to North Carolina mid-year. Here's what I learned from my CPA: you definitely want to keep detailed records of both offices including photos, measurements, and receipts for any office-related expenses. One thing that wasn't mentioned yet - make sure you're tracking the move itself too. Some of your moving expenses might be deductible as business expenses if you're self-employed, especially if the move was primarily for business reasons. This includes things like temporary storage if you had a gap between homes that affected your ability to work. Also, don't forget about depreciation if you own either of the homes. The home office deduction can include depreciation on the business portion of your home, but you'll need to calculate it separately for each property based on the time periods you used each office. This gets complex with mid-year moves, so definitely document everything thoroughly. The key is consistency in your method and rock-solid documentation. The IRS cares more about proper substantiation than they do about which calculation method you choose.
Title: Robinhood issued 1099 instead of 1042 for me as a non-resident alien - what can I do now?! 1 Hi Reddit tax community, I'm in a really frustrating situation with Robinhood right now. As a non-resident alien, I've been trying to get them to issue me the correct tax form (1042-S) but they keep insisting they can only provide the 1099 forms they already sent. I've called their support like 5 times and exchanged countless emails explaining my tax status, but they're absolutely firm that they "cannot reissue different tax documents" at this point. This is a big problem because filing with a 1099 instead of the 1042-S will completely mess up my tax return. Based on my calculations, I should actually be getting a refund if I filed with the correct 1042-S form, but with the 1099 I'd end up owing about $780! Has anyone else dealt with this situation before? I'm really stuck on what to do now. Should I just file with the incorrect 1099 forms they provided? Is there some way to file an amendment later if I eventually get the right documents? Or should I try escalating this further with Robinhood somehow? Any advice would be super appreciated! Tax deadline is coming up fast and I'm getting seriously worried.
22 One thing to consider - you might want to file Form W-8BEN with Robinhood again to make absolutely sure they have your non-resident alien status on file for next year. Sometimes these issues happen because the brokerage doesn't have the correct tax classification in their system.
17 Does the W-8BEN expire? I filled one out when I opened my account 3 years ago but never updated it.
22 Yes, the W-8BEN typically expires after 3 years unless there's a change in circumstances that makes the information incorrect. If you submitted it 3 years ago, it's likely expired now which might be why Robinhood issued a 1099 instead of 1042-S. You should definitely submit a new one immediately. Also, make sure you're completing it perfectly - even small errors like missing your foreign tax ID number or using the wrong country code can cause it to be rejected and defaulted back to U.S. person status in their system.
13 Have you considered filing for an extension? Form 4868 would give you until October 15 to file, which might give you more time to sort this out with Robinhood.
9 Extensions only give you more time to file, not more time to pay though, right? If OP might owe taxes they still need to estimate and pay by the April deadline to avoid penalties.
That's correct - extensions are for filing, not payment. But in OP's case, they mentioned they should actually be getting a refund with the correct 1042-S form, so there shouldn't be any payment due. An extension could give them more time to either get Robinhood to issue the correct forms or to properly document their treaty position with Form 8833. Just make sure to file Form 4868 before the April deadline if you go this route.
Mateo Martinez
Has anyone used TurboTax for this situation? I'm in the same boat with 2 W-2s from same employer but different amounts. Wondering if their software handles it ok before I pay for it.
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QuantumQueen
Yeah I used TurboTax last year with this exact situation. It works fine - there's a button that says "Add another W-2" after you enter the first one. Just make sure you enter both EXACTLY as they appear on the forms. The only weird thing was that it asked me if I was sure when I entered the same employer twice, but I just clicked "Yes" and it let me continue. Both W-2s showed up correctly on my final return.
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Connor Gallagher
I just went through this exact same situation! Had two W-2s from my employer after they switched payroll companies mid-year. The key thing is to definitely enter both W-2s separately in your tax software - don't try to combine them yourself. Most tax software (including the free versions) will handle this just fine. When you're entering your W-2 information, look for an "Add another W-2" button after you complete the first one. The software might ask if you're sure about having the same employer twice, but that's totally normal. Also, like others mentioned, double-check that the combined totals match your final paystub for the year. I caught a small error this way and had to get a corrected W-2c from HR, but it was worth it to make sure everything was accurate. The IRS gets copies of both your W-2s, so they're expecting to see both reported on your return.
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