Article Date:
December 2006
Word Count:
108
How Jones Brought Himself to the Attention of the IRS
In 2000, Thomas Jones received $19,500 in social security benefits and $22,324 in disability payments from an insurance company. He did not file a tax return for 2000. Jones received a W-2 for the disability payment but thought it was exempt from tax. The IRS also received a copy of the W-2 and tried to match the W-2 to Jones’s tax return. With no return filed, the W-2 matched nothing. Presto! The IRS is looking at Mr. Jones.
When you get ... Log in to view full article.
Log in to view full article
You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
with a money-back guarantee
Cookie Notice
This website uses cookies and similar technologies to support essential site functions, maintain security, remember your preferences, and improve your experience. By continuing to use this website, you acknowledge our use of cookies as described in our
[Privacy Policy].
