She doesn't have all of her W-2's either. What's the best way to get back on track?
2006-12-20 07:48:19 · 19 answers · asked by Twinki 2 in Business & Finance ➔ Taxes ➔ Other - Taxes
For any year where she didn't make enough money to have to file, she doesn't have to do anything, although if she had anything withheld during those years, she should file to get her refund.
For any year where she didn't owe any additional tax but made enough money to be above the filing limit, she needs to file as soon as possible but won't have any penalties, and if there's a refund due, she'll still get it.
Note that refund for overdue filings can only be collected for three years after the filing deadline. She could still collect a refund from 2003, 2004 and 2005, but if she had one coming for 2002, it's too late to still get it.
If she owed money for any of those years, she needs to file and to pay what she owes. There will be interest and penalties on the amount due, even if she had refunds coming for other years. Each year is treated separately.
For any W-2's she doesn't have, she needs to contact her employer(s) from that time and request duplicates.
2006-12-20 09:36:01 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
He income and her age would make a difference in what I would advise. If her income is low it is possible she would have had money coming back so really the IRS won't be too upset. It is if you owe money when they get testy.
Tell her to contact all the places she worked. They will sitll have copies of her back W-2s. Ask for copies. Then call the IRS and ask them what to do. They will be able to advise her. If she does not owe taxes and she has not filed it will only be a small bit of trouble. Ifshe owes taxes get a tax attorney.
2006-12-20 07:53:44 · answer #2 · answered by raredawn 4 · 1⤊ 0⤋
Call the IRS at 1-800-829-1040. They can help you. I didn't file for a while and they helped make it real easy. Chances are good that your friend will be owed money from the government and get a nice check. Even if she doesn't, she'll at least sleep better if she knows she's straight with Uncle Sam.
2006-12-20 07:54:38 · answer #3 · answered by redhotsillypepper 5 · 1⤊ 0⤋
If, she want to start filing again. Then start with this year or next. If, the IRS not say anything then not worry, odds are she lost money not filing for a return and the IRS know this. AND she can only go back so many years with a 1040X.
DO NOT call the IRS, that about stupid. Let them decide on their own and then let them figure it out, since her records were lost in a fire. ;-)
2006-12-20 07:57:41 · answer #4 · answered by Snaglefritz 7 · 0⤊ 1⤋
She should immediately contact a tax professional, such as HnR block who can advise her on best course of action. They usually know all the details of any extenuating circumstances etc. that may get her some exemptions from the IRS.
Its best that she be proactive about this rather than wait for the IRS to find her and fine her a ginormous amount.
2006-12-20 08:17:34 · answer #5 · answered by Nuspirit 2 · 0⤊ 1⤋
She needs to get a good tax expert or accountant to help her. There is a penalty for filing late if she owes but she can arrange to make payments. It is a felony to LIE on your taxes, but only a misdemeanor not to file at all, though then penalty can be quite stiff if they catch up with her, so she needs to get with it!!!. She can get copies of her old W2s from her previous employers (they have to supply them, it is the law).
2006-12-20 07:52:00 · answer #6 · answered by Elizabeth L 5 · 0⤊ 0⤋
She needs to get a hold of the IRS, and rectify the situation. They may withold some of her refund, but eventually, maybe next year she will start getting one.
2006-12-20 07:50:49 · answer #7 · answered by big mommasweeta 3 · 1⤊ 0⤋
Have her contact the IRS consumer help line. The IRS has copies of her W-2's.
Remember that she may not be in too bad of trouble. By filing now, she may not even owe any money, if her deductions were adequate.
2006-12-20 07:51:52 · answer #8 · answered by Anonymous · 1⤊ 0⤋
If they owe her she should be ok for the temp.
She may need to contact old employeers; they are required to keep something or whoever takes care of there accounting should have it on record.
I would start with human resources or accounting in the places she has worked.
I am no expert, I hope someone can offer more info for you.
GOOD LUCK
2006-12-20 07:55:15 · answer #9 · answered by OfficeMom 4 · 0⤊ 0⤋
She would be getting letters by now.
She most likely has refunds coming.
Never know until you prepare the returns.
She should file regardless.
she will forfeit returns after 3 yrs
Tax liability wont go away.
2006-12-20 08:36:59 · answer #10 · answered by Robert 2 · 0⤊ 0⤋