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Mountain_Face_9963 t1_j7fk0o8 wrote

I'm a tax accountant. You're still responsible for the taxes since the tax pertains to individuals (not a business entity tax). However, your employer is responsible for complying with withholding requirements and it seems like they didn't fully comply here. This means they could be subject to penalty. Since the amount at issue is so small, I don't think anything will happen. If this is a prevalent issue, the state/city would penalize the employer and you could request a penalty abatement to the extent that you ended up being subjected to an underpayment penalty.

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sonyworld OP t1_j7g0ule wrote

Thanks a lot! I made an appointment for in-person tax prep, but while I have you here here is a follow up question: is it possible to only do my taxes with the first W2 and save the second one for next year? And still just tell my employer that they're supposed to be taking more out so I don't have to have the same issue on the next W2. Because I know my mom has skipped years of doing taxes when she owes but somehow saves the stuff to do it the next year. But also my mom does crazy things sometimes, idk. And I'd rather ask a crazy (illegal?) question online than in-person lol

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WorthPrudent3028 t1_j7g5uxy wrote

I'm not a tax accountant, but as a self employed person, I have to play tax accountant 4 to 6 times a year. You have to file and pay your taxes every year. Your mom will have to pay penalties on what she owes. If the amounts are small, it's likely that the IRS isn't bothering with coming for whats owed, but they can. Or in this case, NY State dept of taxation instead of the IRS.

Personal income tax is your personal income tax. Withholding is a form of prepayment. It doesn't change your total tax burden, and it isn't a tax on your employer, its on you. Your employer pays separate payroll taxes that you won't even see.

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4BDN t1_j7g604d wrote

No, you should be reporting all income earned in 2022 on your 2022 tax return. This especially counts for W2s as they are filed with the government anyway. So Federal and NY will know how much wages you were paid from both jobs in 2022.

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