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    helpn34232's Avatar
    helpn34232 Posts: 1, Reputation: 1
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    #1

    Mar 7, 2008, 04:35 PM
    Filing under the table income
    Ok, so first of all, I made a mistake. I let my boss pay me 1850 in hand-written checks/cash last year. He also gave me payroll checks for over 16000 and a W2 for the payroll checks. However, I never received any tax information from him for the 1850 since the reason he did it was probably so he wouldn't have to pay taxes on it.

    So, I want to do the right thing and claim that extra 1850 income on my taxes, even though I shouldn't have accepted those wages in that form. But I don't know how to do that. Technically, I was not self-employed.

    Please help me.

    Thanks.
    Wildsporty's Avatar
    Wildsporty Posts: 445, Reputation: 38
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    #2

    Mar 7, 2008, 06:48 PM
    If you wish to claim this amount on your income taxes you can put it on the 1040 form on the spot that says other income.

    You do not need a tax form to do this and you don't need to send in one with your taxes.

    You will be charged taxes on the amount for both Federal and State taxes.

    They will not come after your employer or after you. Nothing was sent in to the Government on the amount so they have no idea you have earned it. This is where income goes if you earn extra income from outside forms such as odd jobs, sweepstakes, or other unreported income.

    It is a small enough amount that I think you will be fine, if it were a larger amount I would worry about you being audited by the IRS.


    Shirley

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