2007-01-14 18:37:13 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
im just wondering. i mean ive never owed taxes and i hear of people oweing. how would this happen to me?
2007-01-14 18:52:41 · update #1
If you worked and never filed a return, the odds are possible.
If you never worked and never filed, then none.
2007-01-15 04:35:54 · answer #1 · answered by WealthBuilder 4 · 0⤊ 1⤋
As indicated, if the IRS (or a state income tax agency) were to audit your taxes for any open years (usually the last 3 years). The other ways are if you filed a return showing tax due but couldn't pay it or if someone gave you something that you didn't pay full value for while they owed taxes and the transfer to you caused them to be insolvent. If none of those apply, your money is yours. Aren't you glad you stay away from those things so you can sleep at night?
2007-01-15 03:20:45 · answer #2 · answered by mattapan26 7 · 0⤊ 0⤋
you need to provide more info. Also an IRS audit could answer this for you.
2007-01-15 02:41:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋