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should I claim it

my wife only made $1,500 last yr, if I add it to our taxes it'll lower our tax return by $250, what happens if I dont claim it?

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1 Reply
KarenL
Employee Tax Expert

should I claim it

You need to include all income.  If you don't claim it, the IRS will send you a notice and adjust your tax return for you.  You will also owe interest and underpayment penalties, in addition to the taxes owed on that income.  

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