Client received corrected W-2 after original return filed and accepted. Gross Federal wages dropped a small amount, and federal withholding stay the same. The difference would be a $25 refund. Client decided he does not want to file corrected return. What is the probability of the IRS correcting this automatically when they receive the corrected W-2 and giving the client his $25? In the old days I would say a pretty good chance but since covid there has been a big mess down there at the IRS and there still is. What do you guys think? He can use that $25 to buy a couple of Big Macs, fries and cokes, for him and his wife😉😁. Just joking.
Best Answer Click here
For 25 bucks I think it is a flip of a coin whether or not they will ever see it.
I am counting on them getting that $25 because after their extravagant meal at the Villa de McDonald Ristorante, there should be a little bit of change left, and they can get Heidi 🐕 some Chicken McNuggets on their way out.
Zero chance. Even if it were a change to withholding, they wouldn't bother with less than $100 (probably, more). But there is no way IRS knows the wage amount shown on the return is the original incorrect amount, or a combination of the corrected amount and some random one-day gig. Most of that data entry you do for electronic filing, doesn't get used by the document-matching system.
@PATAX wrote:
In the old days I would say a pretty good chance
With the way that IRS has been doing things lately, I would say there is a good chance that the corrected W-2 will trigger an IRS notice saying his Partnership return from 1998 is late. 🤣
@TaxGuyBill 👍 you never lied.....
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.