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Level 2
February 2, 2020
Question

1099R and W2

  • February 2, 2020
  • 8 replies
  • 22 views

I worked almost  months on my first job and then i got another job for rest of year. I have two w2 forms from first job i made 6393dollars for year and second job i made 30431dollars. I also received a 1099R form to file for retirement in IRA for 9859.05. My question is do i have to file the taxes with lesser amount for this year and do i have to file the 1099R? Right now its saying i owe money to irs because of that so i havent filed yet until im sure.

8 replies

DoninGA
Level 15
Level 15
February 2, 2020

All 2019 tax forms received and All income received in 2019 have to be entered on a 2019 tax return.

Level 2
February 2, 2020

ok. its saying i owe back money for it so is that right

 

DoninGA
Level 15
Level 15
February 2, 2020

@tyrone39074 wrote:

ok. its saying i owe back money for it so is that right

 


If you have entered all of your income and completed the tax return and it shows you have taxes owed that would be correct.  You have taxes owed if the total of all your tax payments is less than the total of your total tax liabilities.

Level 2
March 15, 2020

I owe money from irs