2 ms·
"Every value on the W-2 was a whole number (no pennies)" Don't lots of the tax forms say 'round to the nearest dollar'.
by GFK_of_xmaspast 12y ago
"Every value on the W-2 was a whole number (no pennies)"
Don't lots of the tax forms say 'round to the nearest dollar'.
- billhendricksjr 12y agoIf you're filling out your return by hand (1040EZ, 1040A, or 1040) and doing the math yourself they do tell you to round. However the input forms (W-2, 1099s, etc.) VERY rarely contain ALL round numbers. After analyzing thousands of returns, I can assure this is a yellow, if not red, flag. Combine that with the other flags I mentioned, and several I didn't, and I would bet my life that the returns I'm eluding to are fraud. Clearly I'm betting my and my company's reputation, so I can assure you I'm very confident in my assessment.