My fiance's company filed his taxes for him for the past 3 years as married when it's not true. What's the average penalty for this and do we have to amend each year?
2007-02-06 02:21:52 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Yes, I'm talking about the W4 form.
2007-02-06 06:42:12 · update #1
His employer doesn't file his taxes, he does. If you're talking about his W-4 being done wrong, that would just mean that a little less would have been withheld from him and he'd have a smaller refund or would owe.
If you are actually talking about his tax return that's filed at the beginning of the year for the previous year, and that was filed as married rather than single, then he would have to amend the returns and pay the extra taxes.
2007-02-06 03:03:50 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
They probable reported "federal tax lien" not lane. that ought to intend that you owe tha a lot, and have not paid it so the IRS has positioned a lien antagonistic on your resources meaning you may not promote it with out paying them off. in case you filed a joint go back, you made your self both responsible in spite of if the completed debt grow to be his. yet because you extremely weren't married, it grow to be unlawful to report that way, so as that ought to get you out of owing the money. you'd be smart to envision with the IRS asap and see what you ought to do to straighten this all out. regardless of the indisputable fact that it really is probably to take much better than a week or possibly a month - overlook any idea of having your human being loan by skill of this week. And a contact upon a question you probably did not as: once you're nonetheless with this guy, you ought to offer severe interest to no matter if it truly is a gorgeous good idea.
2016-12-03 19:22:20 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Yes, he must file amended returns. No doubt that will result in him having to make some payments. He will owe interest (probably not penalty) on the amounts that he owes.
2007-02-06 04:08:48 · answer #3 · answered by Ovrtaxed 4 · 0⤊ 0⤋
No penalty...as long as he doesn't go over the percentaged owed to the government. many people adjust their W2 to have more or less tax taken out. if he hasn't had any problems in the last 2 years then he shouldn't have any problem this year. As for amending your W2 thats up to you.
2007-02-06 02:29:06 · answer #4 · answered by The Cheminator 5 · 0⤊ 1⤋
Companies don't file taxes for employees. This toad is blowing smoke up your backside. Even if they offer a tax prep service for employees they'd only prepare the return according to his instructions.
YOU don't have to do anything. HE has to file amended returns for all years that HE filed fraudulent returns. There will be penalties and interest due.
There are issues of identity theft involved as well, as he would have had to use his "wife's" name and SSN to file those returns. That will possibly involve crimminal prosecution.
If I were you, I'd get as far away as possible from this scam artist. He is NOT good "husband material."
2007-02-06 02:30:52 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 3⤋
I don't know about the penalty, but you do have to amend each year.
2007-02-06 02:26:08 · answer #6 · answered by chizzylene 4 · 0⤊ 0⤋
you must change youre information on your 1040
2007-02-06 03:33:01 · answer #7 · answered by rdwmktg12 1 · 0⤊ 0⤋