Tax Filing Address
Question: W-2 Form -tax question; address wrong?
Just received my w-2 form for filing taxes, and noticed that they put my employer’s address as my address. I usually file on the internet, will this be a problem at all?
Answer: It should not be a problem, just make sure to use your current address when you input your information , You might want to bring this to the employers attention to make sure it is corrected in the future.You will need to refile a W4 with the employer to make sure the change is input
Man indicted on charges he stole local resident’s identities to commit tax fraud
Arroyo Grande police officers say a local man accused stealing the identities of Central Coast residents has been arrested and charged in federal court. Officers say 62-year-old Grover Beach resident Neil Thomsen was arrested while crossing the border from Mexico into the United States at the San Ysidro Port back in June. He was charged with 34 counts of filing false claims for tax refunds in …
Tax Tips: Discover why refi or a drop in your home value can slash your mortgage interest deduction
Federal Tax Filing
Question: As an individual filing a Federal Tax Return, how would I report tax deductions for non-cash donations?
Or anything else that may be considered tax deductible. I’m not sure if there’s a certain form that needs to be filled out to accompany the 1040/1040-EZ. Lord knows I’d have one hell of a time getting an answer from the IRS.
Answer: Noncash contributions are listed on your Schedule A with other itemized deductions… so if you file a 1040EZ or if you don’t itemize, you can’t take a deduction for contributions. You may be required to list additional information on Form 8283.
Publication 526 from the IRS gives step by step information. See the link below.
Fillmore man accused of filing false tax returns
A Fillmore man has appeared in Los Angeles federal court to answer charges that he assisted in the preparation of false tax returns, failed to file tax returns and committed wire fraud for mortgage loans, according to authorities.
Angry Grandpa – Federal Tax Fail