For individuals, when the calendar year is over.
I doubt that the forms are even final yet.
2007-09-22 15:03:47
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answer #1
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answered by ckm1956 7
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You can be gathering your information in preparation for filing 2007 taxes, but you cannot file until 2008.
If you have worked for an employer, have interest or dividend income or any other type of income you will need to have the W-2 or 1099 forms in hand. Your employer has until January 31, 2008 to send you that information.
The IRS probably has not yet finalized all of their forms for 2007 and some years Congress does not take certain actions until late in the year which affect how taxes are paid.
2007-09-22 15:06:09
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answer #2
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answered by Othniel 6
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You can't file taxes for 2007 until Jan.2 2008 because Jan. 1 is a federal holiday. And you probably can't file then because you don't have your W-2's and 1099's which don't have to be out before Jan. 31.
The tax laws can be changed up to the last minute and the basis for paying taxes is the tax laws.
You can pay estimated taxes quarterly and are required to if your liability is large enough (in other words, you can't skip withholding and paying estimated until next April and pay a whopping tax bill then.)
2007-09-22 15:03:23
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answer #3
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answered by Mike1942f 7
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Tax returns aren't accepted by the IRS until sometime in January of the following year. The forms to file aren't even available yet.
2007-09-22 16:11:49
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answer #4
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answered by Judy 7
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one doe not file taxes,we pay taxes.
Tax filing means filing of income tax returns, which can be done only when the financial year is over.
taxes have to be paid during the financial year only.
eg taxes due for financial year 2007 2008 but be paid before 31st March 2008. And the Tax Return can be file only after 31 mar 2008.
2007-09-22 15:00:09
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answer #5
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answered by delta 7
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You can file them between 1/1/2008 and 4/15/2008.
2007-09-22 15:01:26
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answer #6
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answered by mollyflan 6
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Right now, the earlier the better.
2007-09-22 14:58:12
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answer #7
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answered by honda man 3
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