I know a person that has not filed taxes since 2001. He claims 9 on his W-2 then doesn't file taxes at the end of the year. He is just now recieving bills in the mail from the IRS saying he owes them well over $10,000. He chooses to ignore this. What happens then?
2006-07-20 07:44:18 · 17 answers · asked by ? 3 in Politics & Government ➔ Government
i didnt file for several years, mostly out of fear of what would happen when i did. but it turns out the impulse was foolish, for many of those years i was OWED back taxes- meaning they IRS would have paid me had i filed. well i got my **** together finally about three years ago, sucked it up and went to an accountant to straighten everything out. lo and behold, she was right. i was in no trouble, though i had forfitted several years worth of returns. I still got a check for like seven grand though, but she said i forfitted like another ten by not filing all that time, theres some rule that if you make like under such and such a year, they owe you, plus theres an instant grand for each child you have. nowadays i go the minute i get the W2 in the mail, like in january. Fear of paying taxes is a terrible thing. just work it out with the IRS.after all, they dont want YOUR money, they want THEIR money.
2006-07-20 08:27:27 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Paying Income tax is optional. Thats right, Optional. By not paying taxes though, you become ineligible for a host of government services.
Cheating on your taxes is punishable, the IRS will get you.
2006-07-20 08:04:08 · answer #2 · answered by Michael 3 · 0⤊ 0⤋
OMG...
The IRS has the highest interest rate out of everyone. If he doesn't hurry up, he may well pay over 150% of the original amount. If he cannot pay, he can be sent to jail for defrauding the IRS.
2006-07-20 07:54:12 · answer #3 · answered by mommy_mommy_crappypants 4 · 0⤊ 0⤋
They will put liens on everything he owns. They will hound him. They will take him to court. Then they will toss his *** in jail. You cannot just not pay taxes. And you can't claim things that don't exist. Doing so cheats and steal from ALL Americans and he deserves everything that is coming to him.
2006-07-20 07:48:56 · answer #4 · answered by Goose&Tonic 6 · 0⤊ 0⤋
Jail.
Al Capone, Leona Helmsey....all people jained for tax evasion. Your friend is an idiot and will see the inside of a jail where he'll be someones girlfriend.
2006-07-20 07:48:35 · answer #5 · answered by s_sill 3 · 0⤊ 0⤋
He has to work undercover for the FBI and recover a missing trillion dollar bill from Mr Burns. Obviously.
2006-07-20 07:50:49 · answer #6 · answered by Anonymous · 0⤊ 0⤋
i do beleive it is an option!
However if you don't pay taxes you can't call an the cops fire deptment or anything else the city provides! if you do and get busted then the IRS will ATTACK!
and you don;t want that!
2006-07-20 08:48:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Court, back taxes and, from the way it sounds, a fine, and most likely some jail time.
2006-07-20 07:48:39 · answer #8 · answered by williegod 6 · 0⤊ 0⤋
The IRS yanks you out of your bed at night and takes you to prison, never to be released. Pay up now!
2006-07-20 07:47:45 · answer #9 · answered by therego2 5 · 0⤊ 0⤋
He will get arrested for tax evasion and go to federal prison.
2006-07-20 07:47:59 · answer #10 · answered by lc 5 · 0⤊ 0⤋