George4Tacks
Level 15
3 weeks ago
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@BobKamman Could this OT be deducted against some other taxable w-2?
IHHS W-2 for $14,000 with $10,000 OT
Dayjob W-2 with $20,000 taxable and no OT
Net $20,000 taxable wages and $10,000 OT deduction so only $10,000 taxable wage income?
Sounds good and with the messy hurried programming for getting this years 1040s processed on time with the disgruntled and short hand workforce and a new director that is in a rush to improve the technology of the IRS, it would problem slide through like something through a goose.
Answers are easy. Questions are hard!