not filing through payroll checks, but not doing a yearly filing
2007-04-15 02:26:29 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
I just did this for all of the years from 2001 to now. Even though I won't receive my money back from 2001 & 2002, I still filed just so make sure everything with the IRS is on the up & up. I did owe taxes from a previous return, which was about $1500. I now owe them over $3000 for that return with penalties & interest!!!
If you owe, file the returns & ask for a deferred payment plan. They have given me 120 days to pay that balance. If I don't pay it, then they will garnish wages & place a levy on my paychecks.
I don't owe for any other years...I'm getting refunds, so it will offset what I owe.
The above answerer is incorrect that this Tuesday is the deadline. It is for 2004, 2005, 2006 & this year, but for 2003 you would have had to have it postmarked by TODAY, the 15th. It is only good for 3 years from the date it was ORIGINALLY due!!
If you're owed a refund for 2003, I would find a post office open TODAY & get it postmarked!!!
Good luck! Email if you need more information. I sat on the phone with the IRS discussing this whole procedure last week.
2007-04-15 02:36:35 · answer #1 · answered by ? 6 · 1⤊ 0⤋
Not sure I understand the question. I'll try anyway.
As long as you are having taxes taken out of your paycheck, and assuming that your employer files a W-2 for you, the only way that you can get a tax refund is to file your tax return.
It seems like that you need to file 2004, 2005, and 2006 tax returns by tomorrow. Also, you can try to file 2003 as well, but if you are due a refund, the statute may expire today because I'm not sure if Patriot's day was in effect in 2003.
However, if you have not had any taxes taken out and, have not received a W-2, you need to file and pay the taxes due because there is no statute as long as you did not file a tax return.
2007-04-15 09:34:07 · answer #2 · answered by Steve 6 · 0⤊ 0⤋
File the returns for the missing years and pay any tax due. If you are due a refund there are no penalties. You only have 3 years from the filing deadline to claim any refunds, so the deadline for 2003 is this Tuesday. Get moving!
2007-04-15 09:30:40 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 1⤋
There is no answer but to bite the bullet. I have had tax problems over the years and audited several times in the past 10 years. It ain't easy, but you have to make it legal.
Really, fill out the forms and be honest up front. The IRS will work with you unless they feel your jerking them around.
2007-04-15 09:36:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋