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Do I have to file tax return for 2nd job
Anonymous4 views4 answers
I made 32000 from main job and 8000 from my 2nd job. my 2nd job brings my return down about $700. can I just not file the 2nd job? or file it next year?
This is a crazy question. You must report income in the year you earned it. I am sure your employer sent you a W-2 (which also goes to the IRS). Go to a tax professional to prepare the return right.
Ron Cappuccio
You report all income earned in a year on the return for that year. If you chose not to report it on the original return, you will end up owing penalties and interest when the IRS catches up with you. The penalties and interest will more than offset anything you might earn by investing that money instead of paying tax on it.