Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-06-2014, 07:45 PM
Junior Member
 
Join Date: Apr 2014
Posts: 6
*Almost* duplicate W2s

Hello all,

I am filing single in NYC. I have 11 W2's. Of these, two of them are ALMOST exactly the same. In fact, the ONLY things that are different are:

-the descriptions in the "earnings summary" section.
-box 12 (one has a D and L classification, the other just the L, but of the same amount).
-the state is different (box 15) along with a different state employer ID number, and values in boxes 16 (state wages) and 17 (state tax).

Please note that I did do some work in Maryland (hence the different state in box 15).

My question:
Do I have to submit/enter in BOTH of these W2's? Or just one of them? Entering them both (federal wages from box 1/3/5) makes my gross income considerably higher.

Any help is greatly appreciated



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 04-06-2014, 08:37 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by daniel178 View Post
Hello all,

I am filing single in NYC. I have 11 W2's. Of these, two of them are ALMOST exactly the same. In fact, the ONLY things that are different are:

-the descriptions in the "earnings summary" section.
-box 12 (one has a D and L classification, the other just the L, but of the same amount).
-the state is different (box 15) along with a different state employer ID number, and values in boxes 16 (state wages) and 17 (state tax).

#1;Please note that I did do some work in Maryland (hence the different state in box 15).

#2;My question:
Do I have to submit/enter in BOTH of these W2's? Or just one of them? Entering them both (federal wages from box 1/3/5) makes my gross income considerably higher.

Any help is greatly appreciated
#1;Your ER in Maryland must have withheld taxes from paychecks in Maryland to Maryland and IRS and you can claim the taxes that you paid to Maryland as a nonresident of Maryland, I guess, of Maryland on your NYS return.

#2; Basically, all W-2 income is reported on the Federal Return on our 1040 line 7. It sounds like MD needs to be filed as a nonresident with the dates of residency listed on the State Tax Return. Check your W-2s at the bottom for State withholding. As said, all of your earnings are taxable in NYS and in Mryland . NYS will give you credit for the tax you pay to Maryland, limited to the proportion of your Maryland tax liability that relates to the NYS source income. Generally (until you get to very high income levels) the NYS tax will be higher than the Maryland tax.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 04-06-2014, 10:34 PM
Junior Member
 
Join Date: Apr 2014
Posts: 6
Hello Wnhough, thank you so much for the reply, and also the great information

But forgive me if I still don't understand what to do. Should I enter in this "duplicate" W2? I did some searching around, and according to this, it seems like I should omit it:

"Generally, only file one W-2 if:
...Your employer issued more than one W-2 to report employment in different states. Caution: Many people duplicate their income when given W-2s for multiple states."

https://ttlc.intuit.com/questions/19...-multiple-w-2s

But then if I don't include this, I don't know how to appropriately report my MD income...??



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #4 (permalink)  
Old 04-06-2014, 10:54 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by Wnhough View Post
#1;Your ER in Maryland must have withheld taxes from paychecks in Maryland to Maryland and IRS and you can claim the taxes that you paid to Maryland as a nonresident of Maryland, I guess, of Maryland on your NYS return.

#2; Basically, all W-2 income is reported on the Federal Return on our 1040 line 7. It sounds like MD needs to be filed as a nonresident with the dates of residency listed on the State Tax Return. Check your W-2s at the bottom for State withholding. As said, all of your earnings are taxable in NYS and in Mryland . NYS will give you credit for the tax you pay to Maryland, limited to the proportion of your Maryland tax liability that relates to the NYS source income. Generally (until you get to very high income levels) the NYS tax will be higher than the Maryland tax.
sorry, no need to report same wage reported on the duplicate w2.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #5 (permalink)  
Old 04-07-2014, 11:21 AM
Junior Member
 
Join Date: Apr 2014
Posts: 6
Great, thank you!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.