A tax question re multiple W2 forms.

[LouAvul]

Lemme ask a question.

My wife's employer switched the companies that handled their payroll, insurance, etc.

For 2013, she's now got two W2 statements.

The one for the first quarter is from payroll/insurance/investment company XYZ. That W2 lists her employer as her actual employer. It's where she actually works. It has her employer's tax ID number.

For the last 3 quarters of 2013, after they made the switch, that W2 statement does not list her actual employer. It lists the payroll/insurance/retirement company that handles all the paperwork, as her employer. Instead of her actual employer's ID number, there's a different number. It's the tax ID number of the payroll processing company.

Do any of you have a similar situation? Where you don't list your employer on your info? But instead list your employer's payroll processing company (as your employer)?

It just makes no sense.

Thanks.

[ozaukeemom]

If the W2 has that information, then that is what the IRS has received as well. She needs to input both W2’s. She can ask HR how this affects other aspects.

[E. Pluribus Unum]

They're two separate W-2s. Just like she worked for two different companies. You're making this way too complicated.

[NEMDF]

Possibly they changed all of the employees to be employed by the HR firm, and are technically no longer employees of the primary firm. This is particularly a possibility for a small business situation.

[Gen.Blather]

She is a subcontractor now. Her actual employer is the most recent W2 filer.

[Madame Dufarge]

The IRS is only interested that what she reports as shown on her W-2s matches what was reported to them by the payers; they’re not interested in who paid the wages, just that the numbers match.

[MAexile]

A similar thing happened to my sister. Made it look to the IRS that she made 50% more than her actual wages. Naturally they expected her to pay the higher amount. Took her a while to sort it out.

You may want to call somebody, accountant, lawyer, etc...

[SeaHawkFan]

Yep, and if she gets laid off, the employee leasing company will be responsible for unemployment pay liabilities.

It may also be an effort by the company to get under 50 employees to avoid the Obamacare employer mandate.

[wordsofearnest]

Completely different situation. If what you said is true someone committed fraud. The IRS tip line would be very interested.

[I want the USA back]

Looks like it’s different money reflected on the different forms.
Sounds like it’s not a problem.
Don’t try to explain it to an irs employee, however. It’ll be like trying to explain relativity to your cat.

[fwdude]

The payroll processor at year end is the Pay Master, acting as the agent of the employer. It all works out the same in the end, when you add up the W-2’s.

The only disadvantage is if she exceeds the maximum wage cap for social security (lucky you!). If the wages are split between two entities, the cap won’t be recognized, and she’ll pay more in ss than if it had been one payer.

[scottteng]

Not so if you are fortunate enough to exceed the fica cap you get credit for the amount paid against the other taxes you will likely owe just like income tax withheld see line 69 of form 1040 excess socialist security

[fwdude]

Thanks for the information.

[mabarker1]

O.K. Now I have a ????

If one files an Extension do you have to send any $$$ when doing that or just file the form ?

Never had to do this before.

LouAvul -I’m not trying to highjack your thread, really.

[Kit cat]

No you send no money until October just send the filing with the extension form.

[ken in texas]

According to the IRS web page at http://www.irs.gov/uac/Extension-of-Time-To-File-Your-Tax-Return:

"Please be aware that an extension of time to file your return does not grant you any extension of time to pay your tax liability."

[mabarker1]

Thank You.

Now 1 more ?

If the current workup shows that one owes $xxx.xx in the .gov direction and one was able to make that number lower or make it a refund is that a problem ?

Ken- Aaaarrgggh!

Now I got conflicting info.

[ken in texas]

My understanding is that any tax due must still be paid by April 15. Requesting an extension merely gives you more time to finalize the forms for filing. I suspect that if you overpay you would have to file a request for a refund or have the overpayment applied to your 2014 taxes when you file next year. If you underpay the IRS can charge penalties and interest.

However... you may want to check with someone that's actually in the business of "understanding" IRS policies.

[mabarker1]

More info/Opinions ?

[Kit cat]

There is an extension form on line to get a 120 day extension for payment, there is a fee for late payment however it is MUCH lower than
late payment or a payment scheduled with IRS!!! The tax must be paid in full in 120 days plus the fee whatever that may be!!! I think it is based on the taxed that is owed.!!!