topic If filled jointly gross income did not submit to Federal IRS properly, what to do? in Get your taxes done using TurboTax

If filled jointly gross income did not submit to Federal IRS properly, what to do?

legend-spirit — Thu, 10 Sep 2020 00:54:10 GMT

When applying for a mortgage, it was pointed out to me that only my income was submitted to the Federal IRS. It shows correct on Turbo Tax, but when I retrieve the account transcript directly from the IRS is shows only my income reported. What should I do?

Re: If filled jointly gross income did not submit to Federal IRS properly, what to do?

xmasbaby0 — Thu, 10 Sep 2020 01:03:10 GMT

Please explain what you mean by "it shows correct on TurboTax" but it is not correct on your transcript. Where are you looking? If you are looking at your Form 1040, all the income for a married couple is combined--it is not shown as "his" and "hers."

When you entered your W-2's into the software for the joint return, did you enter each spouse's income under the spouse name on the interview screens? It would show up on the worksheets for each spouse's income, but not on the joint return.

Is the amount of income shown on the transcript only the amount for one of you? If you filed your tax return and left out some of the income you will have to amend and add the missing income. Print out your worksheets and your Form 1040 and look them over very carefully to see if you entered all of the income for both spouses.

https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-get-a-copy-of-a-return-i-filed-this-year-in-turbotax-online/00/25932

Re: If filled jointly gross income did not submit to Federal IRS properly, what to do?

Carl — Thu, 10 Sep 2020 01:11:19 GMT

it was pointed out to me that only my income was submitted to the Federal IRS.

Who pointed this out to you? What tax year are "they" referring to? What tax year are "YOU" referring to? If "they" are looking at a 2018 transcript and "you" are looking at a 2019 tax return, then obviously the numbers won't match up. So check that.

The reason that's not possible is because an official IRS transcript does not break down a joint return to "his" and "hers". However, I do have a few suspicions here.

If one of you file as Married Filing Separate, and later filed another return as Married Filing joint, then the joint return "HAD" to be mailed to the IRS, as it would not be possible to e-file it. So the mailed joint return may not be processed and entered into the system for months - possibly not until next year as far behind as the IRS is due to COVID.