Dollar signs in W-2, 1099 form box amounts

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  • Rapid Robert
    Senior Member
    • Oct 2015
    • 2016

    #1

    Dollar signs in W-2, 1099 form box amounts

    Not a big deal, but unusual enough to share.

    I have a client's 1099-R from Fidelity, looks legitimate (the address and payer's TIN match what is memorized by my software from prior entries, and it looks like what I'm used to seeing.). The client has confirmed that the 1099-R was issued for a small amount (less than $1K) to close out a 401k from a former employer.

    But every dollar amount (including zeros) in every box of the form has a "$" dollar sign in front of the number. Because I have a scan, it is a llttle bit fuzzy and almost looks like an "8", but no I have confirmed that it is a dollar sign.

    Back in the H&R Block days, we were told this could the sign of a fake document (such as a W-2 to try to get EIC). Plus I know the IRS somewhere instructs not to include dollar signs. Surely Fidelity knows the correct reporting and has it coded in their systems. So how did all those dollar signs get there? Or put another way, the famous question: has anyone else seen this?
    "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
    "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard
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