- 3 - For 2001, Autocar paid to Mr. McKee total wages in the amount of $21,666.2 For that year, Autocar issued to Mr. McKee two Forms W-2, Wage and Tax Statement.3 On the first such Form W-2 (first W-2), Autocar reported wages paid to Mr. McKee in the amount of $7,891; on the second such Form W-2 (second W-2), Autocar reported wages paid to Mr. McKee in the amount of $13,775. Mr. McKee received the first W-2; however, he did not receive the second W-2. Petitioners timely filed a joint Federal income tax return for 2001. On their return, petitioners reported wages from Autocar in the amount of $7,891, as reflected on the first W-2, and they attached to their return a copy of that W-2. Petitioners did not report, on their 2001 return, wages from Autocar in the amount of $13,775, as reflected on the second W-2. Petitioners did not compare the $7,891 of wages reported on the first W-2 with the total “year-to-date” wages reported on the final pay stub for 2001 from Autocar. Indeed, petitioners did not look at the first W-2; rather, they placed it in a tax folder provided by petitioners’ income tax return preparer and then forwarded that folder to the preparer. 2 All monetary amounts are rounded to the nearest dollar. 3 The record does not disclose why Autocar would have issued two Forms W-2 to Mr. McKee for the same taxable year.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011