2006-07-14 07:46:09 · 11 answers · asked by hao 1 in Business & Finance ➔ Taxes ➔ United States
No. File your return late. See an accountant if you need help.
2006-07-14 07:49:19 · answer #1 · answered by Answer King 5 · 0⤊ 0⤋
you wont go to jail. the IRS wants your MONEY, which you already paid. You get an automatic 4 month extension to file,
altho you should have filed a form 4868 by April 15th.
Make sure you file by August 15th or you could be hit
with failure to FILE penalties. You will not be hit with failure to
PAY penalties since you are a due a refund. HOWEVER, if for some reason you end up owing, you will owe penalties dating back to April 15th.
2006-07-14 15:04:20 · answer #2 · answered by RichManPoorMan 2 · 0⤊ 0⤋
Oops! At least you realized your omission! No, you're not in the slightest amount of trouble. Penalties and interest are based on the amount of tax due, so 7% of zero is still zero. Just file as quickly as possible. Remember, your money is sitting doing nothing at the Department of the Treasury. You could use (and invest) that money much more efficiently.
2006-07-14 14:50:50 · answer #3 · answered by SuzeY 5 · 0⤊ 0⤋
No.. you are fine.. you would only be in trouble if you owed them money. You actually have up to like 2 years to claim a refund.
2006-07-14 14:49:28 · answer #4 · answered by CG234 4 · 0⤊ 0⤋
NO, you're not in trouble. The federal government loves keeping YOUR money so it be wasted on such important projects as researching the sex lives of shrimp, or giving it to lazy people who only stick their hands out for their next welfare check.
2006-07-14 14:52:57 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Well first of all, you're not going to receive your refund. Secondly, you won't get in trouble "right now", but they're the IRS. They will always eventually get their money. And they won't forget.
2006-07-14 14:52:18 · answer #6 · answered by Scott D 5 · 0⤊ 0⤋
You're in trouble alright.....I can't believe you are letting that money stay out of your possession when you could be drawing interest.....file your tax return and get that money!!!!!!!! It's waiting for you
2006-07-14 16:37:38 · answer #7 · answered by 3eleven 4 · 0⤊ 0⤋
yes, you should have filed an extension. You may want to contact the irs to see what steps you may need to take to file your taxes.
2006-07-14 14:49:44 · answer #8 · answered by Michele R 3 · 0⤊ 0⤋
You'll probably incur a penalty for late filing, but you'll still get your refund (provided your penalty does'nt eat it).
2006-07-14 14:50:39 · answer #9 · answered by Anonymous · 0⤊ 0⤋
you're totally not in trouble.
you would only be in trouble if you OWED taxes.
get your taxes filed!!! And GET YOUR MONEY!
2006-07-14 14:49:42 · answer #10 · answered by ChitChatBrat 3 · 0⤊ 0⤋