because he owes money and we don't have it to pay. We have only beem married for 4 months and both filing single. Will this effect me? and what will happen if he doesn't file? I was going to file for an extension but it said that all monies owed had to be in by April 17th which is stupid...I mean why else would you file for an extension? I'm just worried. what do we do? He filed his taxes and he was owed like $500 and then it came back and said the IRS rejected it and now he OWES $900. He did it on turbo tax. Thanks!!
2007-04-23 05:18:55 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Taxes (the money you owe) are always due on the tax filing deadline. You have to send the money in. In addition to the $900, your husband is also racking up an even bigger bill because interest and penalties are accruing daily.
You can only get an extension to FILE your taxes, not to PAY. Your husband might just as well have filed. He's in the same amount of trouble if he filed on time or not, since the real problem is that he didn't pay. If he was not ready to FILE, he should have kept himself in the IRS's god graces and filed for an extension. Then he would have until August to file.
What do you do? FILE, today. Then call the IRS. Find out what your total bill comes to, with interest and penalties, and arrange a plan to pay.
Does this affect you? No. This is your husband's 2006 taxes. Since you were not married to him in 2006, you are in the clear. I would seriously worry about next year though. Next year, this IS your problem. Start planning and saving now so that you will have the money needed set aside in a savings account or something like that so that you can pay on time.
2007-04-23 05:35:13 · answer #1 · answered by Lisa A 7 · 2⤊ 1⤋
If you didn't get married until 2007, then filing single is correct - if you got married in 2006, then you'd have to either file a joint return or file as married filing separately.
An extension is an extension to file, not to pay - if you can't get your return done on time (maybe are missing some of the paperwork) you'd file for an extension.
His penalties are adding up. There's interest, a penalty for late filing, and a failure-to-pay penalty - he can at least stop the late filing penalty from accumulating more by filing his return, even if the others keep accumulating until the money is paid. If he doesn't have the money to pay when he files, the IRS will set up a payment plan - interest and penalties will be included in the total that he owes, and will accumulate until he pays all that he owes.
You don't give enough info to suggest why he originally thought he'd get a refund, and ended up owing money instead. The rejection should tell him, though. Was he claimed as a dependent, maybe by his parents?
If you filed a separate return, his tax problems won't become yours.
If he doesn't file, eventually he'll get a letter from the IRS with their estimate of what he owes, plus interest and penalties, and a date to pay it by.
2007-04-23 05:53:53 · answer #2 · answered by Judy 7 · 0⤊ 2⤋
He can always make a payment plan with the IRS, so he can pay the amount owed over a few months or so. By not filing, you are accruing interest charges. Get the forms ready and give the IRS a call, it won't be that bad.
Also: Perhaps his taxes are too complex for Turbo tax, which is why they got them wrong... maybe go to a preparer next year?
.. if you are filing separately, it will not effect you...this year
luck
2007-04-23 05:25:07 · answer #3 · answered by thevoiceofreason2b 5 · 0⤊ 2⤋
Your question doesn't make any sense. You say he didn't file and and then you say he did but it was rejected and then you say that the IRS says he owes $900. So, which is it? Did he file or did he not? Please get your facts straight and update your question.
One other point. You said that you have been married for 4 months. That would put your marriage in late 2006 and if that's true you CANNOT file as Single. If you and or he did that, you'd need to file amended returns as Married Filing Separately or a single amended return as Married Filing Jointly. In that case, you may not actually have a liability and may even be due a refund.
Please get a handle on your tax situation. If you don't, it WILL come back to haunt you. The IRS takes a dim view of folks who play "dumb" when it comes to the tax laws.
2007-04-23 06:00:00 · answer #4 · answered by Bostonian In MO 7 · 2⤊ 4⤋
He can document married submitting seperate. in case you have been seperated for greater desirable than a million/2 the year and you supported your self and he did not declare the two the infants then you definately would desire to be waiting to document head of better half and infants and get a reliable volume of funds back, as nicely in case you made under i've got self assurance 36,000 you may declare earned earnings credit, toddler tax credit, toddler care and a few different issues to get money back. flow to rapid tax on the information superhighway and that they're going to handbook you with the aid of it. I filed married head of better half and infants and have been given a reliable volume back.
2016-12-10 09:21:55 · answer #5 · answered by ? 3 · 0⤊ 0⤋
Some people do file for an extension for other reasons. Maybe they are planning on funding an IRA or they're missing some statements that have exact amounts.
2007-04-23 05:31:56 · answer #6 · answered by the Boss 7 · 0⤊ 3⤋
Which place are u from?
2007-04-23 05:22:04 · answer #7 · answered by Queen of Swiss 2 · 0⤊ 3⤋
He can contact them and make payment arrangements.
2007-04-23 05:27:04 · answer #8 · answered by elaeblue 7 · 1⤊ 1⤋