|
Posted by bono9763@yahoo.com on November 7, 2006, 8:19 am
Please log in for more thread options
My wife is a musician and worked one day for a non-profit
org and earned $100. They sent her a W-2 for 2005 and the
retirement box was checked, although I can't imagine how
they think she was covered by their plan, since she is a
temp worker. I ignored the fact that the box was checked and
deducted her IRA contribution on our return, even though our
AGI limited the deduction if she were covered by a plan.
Will I get in trouble with the IRS for claiming a deduction
for an IRA contribution that would not be allowed if she was
indeed covered by a plan? Should I get the organization to
re-issue the W2 without the box checked? Or is this a
non-issue?
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap