Welcome Guest. Register Now!  


For 2014 Tax Tips For Year 2014.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-05-2015, 03:20 PM
Junior Member
 
Join Date: Jan 2015
Posts: 2
Claim of Right for same year

Hi All,
Clearly I am new to the craziness of the IRS.

I received a Bonus of 10K (around 6.5K net) in May 2014. I left the job in Oct 2014, and the company asked for the bonus back (that same 6.5K).
No worries, I returned every penny that was asked from me.

Now I got my W2, and it shows the bonus as my income. Its bumping me into a new tax bracket. Should I fight with the company to send me a correct W2, so can I use the 10K as my Claim of right deduction, to increase my return.

I went to H&R block, and they had NO CLUE. Go figure.
thoughts.



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


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Refile to claim past year EIC? hopemom777 Divorce Tax Issues 1 02-02-2015 05:31 AM
How to claim prior year refunds Biggaligga Filing Requirements 1 01-30-2015 10:59 PM
Must you claim loss in current year or can you take in future year? dapert Rental Real-Estate 1 03-27-2011 12:18 PM
If 2 or more taxpayers claim a dependent in the same year, who would the IRS allow? ebenda Filing Requirements 1 02-26-2009 04:50 PM
tax stimulus - husbands year to claim codawg81 Miscellaneous 1 05-18-2008 01:56 PM

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.