[ale] OT: Taxing issues

[Jim Lynch]

I was unfortunate enough to have invested in a real estate limited
partnership once up on a time.  It spun off California income.  CA sent
me a nasty note saying I had to file.  I told them to bug off.    In any
case, I don't think the IRS will give a hoot.  It is customary to round
to the nearest dollar which is what your software did.  But then I'm not
a CPA nor do I work for the IRS.  But if it was my return, I'd do what
you did and ignore it.

Jim.
Joseph A Knapka wrote:
> 
> Hi folks,
> 
> Weird 1040 issue: I got a W-2 from my employer that
> reported I had $0.46 of income in Georgia last year.
> The bulk of my income was on my Texas W-2; I don't
> even know how I managed to make forty-six cents in
> Georgia.
> 
> Anyway, I submitted my tax return via ezTaxReturn.com,
> which really was "EZ". But the IRS rejected it.
> I noticed that the W-2 with the $0.46 income was
> being rounded down to $0, so I deleted it from
> my on-line return, and the IRS then accepted the
> return.
> 
> So the question is, is it acceptable to not report
> income of under $1? If I had sent a paper 1040A
> to the IRS with both of those physical W-2's
> stapled to it, would they have rejected *that*
> and insisted I take back the GA W-2??? Am I
> setting myself up for a lifetime of IRS harrassment
> by not reporting that income?
> 
> Wouldn't it be nice if we just had a nationwide
> 20% sales tax, and ditch the IRS?
> 
> Bleah.
> 
> -- Joe
>   Using open-source software: free.
>   Pissing Bill Gates off: priceless.
> 
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