vpFREE2 Forums

W2G

#1

Valerie,

My guess as to why IRS wants them listed individually (payer name and
amount) is so that they can automatically match them up with the IRS copies of
the W2-Gs that they received from the casino. Showing a lump sum when the
IRS has received several W2-Gs for that taxpayer would likely trigger an
audit.

Regards,

Walter H in Florida

In a message dated 3/21/2012 3:40:45 P.M. Eastern Daylight Time,
vpollard@socal.rr.com writes:

For followup I thought I would post that I did call the IRS today and was
put in touch with their e-file representative.
She told me that, yes, there is a limit of 30 W2G's that can be e-filed,
more than that and you have to file a paper return.

Of course you can lump them into a sum depending on how you do your own
return but apparently that's "illegal" and an accountant shouldn't be doing
that for you.
She also seemed to be saying that each W2G should be listed separately,
but she also said that had something to do with the program you are using so
I'm not sure on that point at all.

Valerie

[Non-text portions of this message have been removed]

#2

My CPA in also told me this week that because I had over 30 W2Gs I was
ineligible to e-file. He listed them all individually in the paper
attachment and I'll have to cram the W2s into an envelope. Not surprised by
that some do it and some don't.

vpollard@socal.rr.com writes:

For followup I thought I would post that I did call the IRS today and was
put in touch with their e-file representative.
She told me that, yes, there is a limit of 30 W2G's that can be e-filed,
more than that and you have to file a paper return.

Of course you can lump them into a sum depending on how you do your own
return but apparently that's "illegal" and an accountant shouldn't be
doing
that for you.
She also seemed to be saying that each W2G should be listed separately,
but she also said that had something to do with the program you are using
so
I'm not sure on that point at all.

Valerie

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#3

You are only required to submit the actual W2G if it shows "withholding". So long as they have been enumerated on the appropriate attachment - hard copies of each individual W2G do not need to be included with the return.

ยทยทยท

--- In vpFREE@yahoogroups.com, Flying Mia <flyingmommamia@...> wrote:

My CPA in also told me this week that because I had over 30 W2Gs I was
ineligible to e-file. He listed them all individually in the paper
attachment and I'll have to cram the W2s into an envelope. Not surprised by
that some do it and some don't.

#4

Hi Walter,

That does make sense, you're probably right.
Who knows.....I don't know if it's a new thing that you aren't supposed to list more than 30 of them to efile...guess it doesn't matter.

Thanks,
Valerie

My guess as to why IRS wants them listed individually (payer name and
amount) is so that they can automatically match them up with the IRS copies of
the W2-Gs that they received from the casino. Showing a lump sum when the
IRS has received several W2-Gs for that taxpayer would likely trigger an
audit.

__________ Information from ESET NOD32 Antivirus, version of virus signature database 6987 (20120321) __________

The message was checked by ESET NOD32 Antivirus.

http://www.eset.com

[Non-text portions of this message have been removed]