Since 1988 but has paid in through his employer( withholding taxes) what can he do to get back on track with the IRS. Would they need a lawyer or an they just file retroactive returns? Any help out there?
2007-02-16 08:03:16 · 5 answers · asked by nuckinfuts 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
You can go back to 2003 and claim those refunds if you do it by April 17, 2007. Any refunds due from 2002 and before are lost forever. Just file the appropriate returns.
However, you should file the returns for any open years. An open tax year can be investigated by the IRS with no time limit. Of course there will be penalties and interest for any years that there is a balance outstanding. If you are due a refund, there is no penalty for late filing.
2007-02-16 08:51:36 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You don't need a lawyer unless you owe huge amounts of money or have been active in tax protest movements - if one of those is the case, then might be a good idea.
File retroactive returns for all the missing years. If you owe any money in any year, there will be interest and penalties for that year in addition to what you owe. If you had a refund coming, there won't be penalties for late filing, but you'll only get the refunds back three years from the original due date for filing. So you can get a 2003 refund if you file by 5/15/07, and even after that could get your refunds for '04 and '05 if you have refunds coming for those years.
2007-02-16 09:14:21 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
you may file for all the open years which are current up to april 15, 2007 the following years 2006,2005,2004,2003 you would require the w2's for those years in question as well as any other income and deduction information and receipts. you would be required to file 2003,04,05 as paper returns (forms may be acquired on www.irs.gov or 1-800-tax-form) you may file 2006 electronically though i would personally file that as a paper return also. i would mail each and every one in a separate envelope for ease of handling and to keep things straight and to not confuse the irs processing of the returns. you should not require a lawyer for this unless there was a more detailed reason for having not filed. such as a large tax debt and the like. you will be assessed interest and penalties for 03,04,05 ONLY if you actually owe for those years, (if you are due a refund for any year the irs will not pay you any interest on that years refund)
2007-02-16 08:17:42 · answer #3 · answered by amazed 3 · 1⤊ 0⤋
first off you can only go back 3 years. If they haven't contacted you it was probably because you didn't owe anything and when the IRS calculated the taxes, they just keep the refund. Believe me if you owed they would have contacted you for more money.
Get the returns filed ASAP so that the refunds can be collected. It's your money. Why let the feds keep it.
2007-02-16 08:14:43 · answer #4 · answered by Dizney 5 · 0⤊ 2⤋
If the person was a legal resident then how could they be deported? The can file a return the same way anyone else does, by getting the proper forms and filling them out, but why would they want to?
2016-05-24 07:32:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋