Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
So your employer is holding the net check? If this is the case, this means he remitted the withholding taxes and is only holding the net check portion of your money. So the withholding will be reported in your W-2 and you need to pick up that gross amount on your 1040. Even though you didnt get the net check at least you paid the taxes on the gross amount.

If he is giving you the "check is in the mail story" and he didnt remit the withholdings or your net check then it will not be reflected in your W-2 and then you will receive one in 2002.

Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement