Imagine filing your Form 1040 with the IRS and then finding out you need to submit an amended return because your company sent you inaccurate earnings and tax data. It happens. Here's how to deal.
div > div.group > p:first-child"> Earlier this year, employees received their Form W-2 from their employers, detailing how much they earned, what they contributed to any retirement plan and how much was withheld in taxes.Early-bird filers tend to snap up this information and submit their returns as soon as possible.
"It's calculation errors or transposition errors," said Cari Weston, CPA and director of tax practice and ethics at the American Institute of CPAs. In the event you caught the mistake yourself — perhaps by noticing that your wages and withholding in your W-2 are far off from what was in your last paycheck for the prior year — you should also reach out to your company's human resources department.
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