The main thing he needs to do is call the IRS and see if he can set up a payment plan for the back taxes he owes. If he can work out an agreement, they should stop garnishing 100% of his paycheck-hopefully it's not to late to do that. They are willing to work with you but you do need to call.
Also, if he never filed his 2005 or 2006 return, he really needs to do it as soon as possible. You can download the forms from the IRS website. If he files them himself, then he may not owe as many taxes as the IRS says he does, because since he did not file a return, they do a standard one for him and don't include things that may keep his taxes from being so high...like if he has a dependent, ect.
If you are wanting to find a place to help him, any tax prep service will help you file past returns like H & R Block, just call around until you can find a local place that will help you. They can intervene for you and hopefully after your friend files his 2005 and 2006 tax return, if he owes a lot still, then there is an IRS Installment Plan and the tax service can help you get started with that as well.
Good luck!
2007-08-14 11:30:54
·
answer #1
·
answered by MarineMom 6
·
0⤊
0⤋
Methinks your friend is blowing smoke up a dark part of his anatomy. While the IRS can and will attach a taxpayer's pay for unpaid taxes they never grab 100%. That only happens after the taxpayer has ignored previous efforts to settle the matter.
The Yellow Pages are full of tax prep services as well as CPAs who can prepare the returns.
Or he can simply download the forms and instructions from the IRS website and fill them out himself and mail them in.
Or he can download any one of dozens of commercial software packages that will walk him through the process. Google "Tax Cut," "Tax Act," and "Turbo Tax" for a few hits to get started.
He can also e-file his 2006 return from the IRS website. Just click on the E-File link and get going.
2007-08-14 11:55:58
·
answer #2
·
answered by Bostonian In MO 7
·
2⤊
0⤋
Yes you can file them, and be eligible for EITC. With income that low, you won't get much if any benefit from child tax credits since you already won't owe any tax. You should get back what you paid in for each year, plus whatever EITC is for you for that year. If you go to H&R or JH, be sure you get someone who knows what they are doing filing prior years, and with EITC. Not all of their preparers will.
2016-05-17 23:10:40
·
answer #3
·
answered by ? 3
·
0⤊
0⤋
I got a settlement that was three years in the making, so I went to H&R Block the year I got the check. They computed back taxes and all that for me. It was worth it. If anything is wrong with it, H&R Block goes to bat for me. So no worries.
2007-08-14 11:24:34
·
answer #4
·
answered by Serena 7
·
0⤊
1⤋
Any CPA should be able to handle this easily, assuming your friend has his paperwork or at least knows the names of his employers for those years. Or if his return is straightforward, you can download the forms at irs.gov and fill them out yourselves, then mail them in.
If he does not have his paperwork and can't get it, nobody will be able to help since they wouldn't know his information.
2007-08-14 13:28:41
·
answer #5
·
answered by Judy 7
·
1⤊
0⤋
Good advice from everyone so far. Just a suggestion--if you end up filing both years on paper, DO NOT put both in the same envelope. IRS will staple them together and only process one year.
2007-08-14 12:03:19
·
answer #6
·
answered by IRENE THE BOOKIE 3
·
1⤊
2⤋
any tax professional will file for him/her but they will have to pay for this service.
2007-08-14 11:25:00
·
answer #7
·
answered by Jan Luv 7
·
1⤊
0⤋