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    sakumar's Avatar
    sakumar Posts: 5, Reputation: 1
    New Member
     
    #1

    Aug 28, 2008, 10:01 AM
    Tax filing with multiple companies.
    Hi,

    I am on h1 , I changed my company this jan'08 worked for 9months. Now I want to go back to the old company. Is there any problem in tax filing. How many w2's I need to file the tax?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Aug 28, 2008, 02:13 PM
    Each employer will provide you with a W2 to cover the amount they pay you during the calendar year. I would bet that the employer you worked for in January and again starting in September will issue you just one W2 covering the full year. So that would be two W2's to include in your 2008 income tax return.
    sakumar's Avatar
    sakumar Posts: 5, Reputation: 1
    New Member
     
    #3

    Sep 2, 2008, 07:14 PM
    Quote Originally Posted by ebaines
    Each employer will provide you with a W2 to cover the amount they pay you during the calendar year. I would bet that the employer you worked for in January and again starting in September will issue you just one W2 covering the full year. So that would be two W2's to include in your 2008 income tax return.

    Thanks for the answers:) is there any problem when I am filing taxes, because I did not work whole year for the first company. But they are issuing w2 for full year?

    Thanks in advance
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #4

    Sep 2, 2008, 07:35 PM
    You can work for any many companies you want. Each company will report on the W2, the wages paid by it and taxes withheld.
    On your income tax return, you must report all the wages from all the W2s.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

    Sep 3, 2008, 11:46 AM
    Tax-wise, there is NO PROBLEM with your changing employers. You just need to aggregate the income and tax information on the multiple W-2s you will receive.

    Now, as a matter of law, changing jobs CAN be a problem, because normally the H-1 visa is sponsored by the employer. You need to ask your NEW employer if they will sponsor your H-1 visa.

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