I had multiple jobs in the past 2 years and never filed my taxes before. Now I'm wondering if I could still add those jobs from 2004 and 2005?
2007-01-17 04:47:26 · 14 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
No. You would have to file each year separately. Note that if enough tax was withheld and you don't owe anything there is no penalty for filing late. There is only a penalty when your owe money.
2007-01-17 04:51:34 · answer #1 · answered by Barkley Hound 7 · 2⤊ 0⤋
You can still file returns for those tax years and you should do so immediately. You cannot add that income to your 2006 return, you must file the 2004 and 2005 returns separately.
If you have refunds coming from both years there won't be any late filing penalties. If you do owe there will be penalties and interest due for late filing and late payment of the tax. For that reason you should file those returns as quickly as possible to minimize any penalties.
2007-01-17 05:36:39 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You can't just add then to this yyears tax return as the income was earned in a prior year (2005 or earlier). I suggest you contact a tax advisor as I believe you will have to file late returns and pay penalties and late fees.
2007-01-17 04:51:14 · answer #3 · answered by NHMike 3 · 0⤊ 0⤋
Get a tax prep person to file those back taxes for you since you need to file usinmg 1040 forms for that specific year...you will pay a penalty for filing late...but better now than never.
2007-01-17 05:27:58 · answer #4 · answered by boston857 5 · 0⤊ 0⤋
YES!!! I forgot to do my 2004 so I am currently doing them now. I don't know if it is too late to do 2005 efile, because i did that late myself. Here is the shortcut to all the forms that you need by year for back taxes: http://www.irs.gov/formspubs/article/0,,id=98339,00.html
Depending on which year, just click on it. Then all the forms you need. Me personally, I could use 1040 EZ so i just used that, but depending on which you need you can find it there. Good luck!!
2007-01-17 04:53:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You have 3 years to file your back taxes.
2007-01-17 07:18:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You have three years to file a return if they owe you. You can still file a return if you owe them (and should before they file it for you), but there will be late fees and penalties.
2007-01-17 04:51:48 · answer #7 · answered by crossbones668 4 · 0⤊ 0⤋
Yes, you generally have up to five years to file or change your US income taxes. But if you owe, you are running up your interest payments.
2007-01-17 04:52:39 · answer #8 · answered by Albert F 5 · 0⤊ 1⤋
legally you have up to 3 years, so you're still good. you'll just file separate forms for the past years (i forgot how they're called)
2007-01-17 04:52:23 · answer #9 · answered by D.J. 5 · 1⤊ 0⤋
dude, youre bad! youre going to get penalized if you dont act this year for the past 2 years of taxes..... hurry up!
2007-01-17 04:51:11 · answer #10 · answered by Lovely 4 · 0⤊ 0⤋