What happens if I don't turn in all of my w2g on my tax return?

ccardwell3353 · ‎June 4, 2019

xmasbaby0 · ‎June 4, 2019

You mean what happens when the IRS sees that you failed to report all of your income?? Income that has already been reported to them with your Social Security number on them?

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Anita01 · ‎June 4, 2019

The same thing that happens when you fail to report any other income for which the IRS received a copy of the reporting form. You 'll receive a letter from the IRS billing you for tax on the income, interest, and possible penalties. You would then have to file an amended return if you wanted to add losses. Your state will follow suit with a similar letter. All will happen within a year after filing, usually