can a person not file taxes one year but add it to the next year taxes and file then?

Question

I WORKED FULL TIME IN 2006 AND AM GOING TO PART TIME IN 2007 AND BETWEEN MY HUSBAND AND ME WE MADE TOO MUCH FOR EIC BUT IF I CAN SAVE THIS YEARS RETURN TILL NEXT YEAR AND FILE WITH 2007, WE'LL GET MORE MONEY BACK THIS YEAR

Answer 1

Nope, can't do that. Each tax year stands on its own.

Answer 2

It is great that you know about the EITC, since so many that are eligible are leaving it unclaimed. Many people still don't know about this credit or they think that it will affect their public benefits (but it won't!). Make sure that you get the full benefit of your refund this year by staying far away from H & R Block or one of those other commercial places. The IRS has a program called VITA that does free tax preparation for households earning $40,000 or less. They can make sure that you get all your eligible credits, such as the Earned Income Tax Credit, the Child Tax Credit, the Dependent Care Credit, etc.

This is an absolutely FREE service. They can e-file and do direct deposit so that you can get your return back in 7-10 days. There is no need to get a refund anticipation loan, which is really nothing more than a high interest loan where you would be paying to borrow your own money. You have worked hard for your money and you should be able to keep it! To find a VITA free tax site near you, call the IRS at: 1-800-829-1040.

I work with the VITA sites in Nashville and know that it can make a huge difference for working families. www.unitedwaynashville.org/nwba.

Answer 3

Nope. You can file for an extension, but you can't do it to combine two years.

Answer 4

NO, YOU WOULD HAVE TO FILE THE SAME YEAR , YOU CANNOT SAVE IT FOR THE NEXT YEAR. AND IF YOU COULD EVERYONE CAN BE DOING THAT. BUT IT SOUNDS GOOD.