2006-11-12 13:19:41 · 8 answers · asked by mkaustin 1 in Business & Finance ➔ Taxes ➔ United States
Get the forms for the year in question and file the return. If you owe tax they will assess interest and penalty. If you are due a refund you need to get the return filed before three years are past at which time you will lose the refund.
If you don't file there is no statute of limitations running and they can come after the return at any time in the future.
2006-11-12 23:12:21 · answer #1 · answered by waggy_33 6 · 0⤊ 1⤋
If you don't have a history of paying income taxes prior to two years ago, then they probably wouldn't have a red flag for you. If you pay income taxes regularly and then all of a sudden missed a year.. then run.. run to your state tax office waving your checkbook. Better to get it over with.
2006-11-12 13:38:58 · answer #2 · answered by GoddessofCoughSyrup 4 · 0⤊ 0⤋
If you filed federal but not state, but had income enough that you were supposed to file state, they will probably catch up to eventually. Your best bet would be to go ahead and file even though you're late. If you don't owe anything, there might not even be any penalty.
2006-11-12 14:17:21 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Go directly to your tax preparer and have the problem fixed. It's as simple as that, but the fees by the preparer are going to be high, and you might even get fees from the IRS. Be sure to not forget from now on, because its a pain in the butt.
2006-11-12 13:53:33 · answer #4 · answered by WorriedGirl 2 · 0⤊ 0⤋
You forgot for two years?
File a return this year and be prepared to pay the penalty's.
2006-11-12 13:30:59 · answer #5 · answered by 8ball 1 · 1⤊ 0⤋
I failded to do my first job income tax. Its been over 10 years. I still think about it everytime I do my taxes. Nothing has happend to me so far. I too would like to know.
2006-11-12 13:24:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋
American authorities isn't a classification to study about a thanks to document your taxes. that's a classification that you study the shape and duty of all departments and degrees interior america authorities. - in case you want to study about a thanks to document your taxes in college, study tax accounting. have you ever performed your tax form to verify in case you do owe taxes? once you've and also you do not owe some thing else, it is your waste of $40 seven in case you do not document a go back. - yet because it feels like it is your moms and dads who pay for almost each and everything of yours - does not you getting $40 seven back, keep them from paying $40 seven for you quicker or later? you come back off fantastically sassy... is this continually your way? it is comes off as brash.
2016-11-23 18:27:02 · answer #7 · answered by cuthrell 4 · 0⤊ 0⤋
I'd listen to 8ball. The IRS will catch up with you sooner or later. And you don't want it to be later. The fine will go up yearly.
2006-11-12 13:35:07 · answer #8 · answered by Vinegar Taster 7 · 0⤊ 0⤋