 If you did your taxes, did not make enough to pay, but u get a refund, is it ok to still file it in late? |
| There is a $150 refund, but since I only earned $3,000 all year, would I get a penalty if I filed it now? Would I even get my refund money while turning it in this late?... |
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 QUESTION RE POSTED as suggested BY SUZY? |
my pay went from 10/hr to 12/hr. we get paid semi monthly...each check is for 86.67 hrs. i live in wisconsin and i claim 6 on my w4 (i could have claimed 12 according to the worksheet)
i am ... |
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 No stimilus check yet, why am I not surprised!? |
| Here it is 3:15pm and no check in my account! Surprise Surprise. My husband and I filed jointly and have the same last two digits in our SSN and had direct deposit thru turbo tax and yet my back ... |
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 Where is our tax relief money? |
| My husband last two digits of his social is less than 20. We had our tax refund direct deposited. We should have gotten our tax relief by now. Does it go by one spouse or the other? His name is ... |
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 Can I claim my husband and my new son on my income taxes this year? |
| I got married in july of this year and I had a son this month and I was wondering if I can claim them both.... |
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 How many hours can i work before i have to pay tax ? |
| I have been offered a job of 14 hours a week at £7.80 an hour , im not sure wether im taxed after so many hours, or because of the amount i will earn.... |
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 Why was $250,000 decided to be the minimum for increased taxes, when...? |
| ...our president earns $200,000? Shouldn't our president fall into the increased tax guideline...and spread his own wealth too? I personally know families making 250,000 who barely meet their ... |
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 Am I legally entitled to payed sick days? |
| In New York State is my employer legally obligated to give me payed sick days?... |
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 What happens if you forget to file taxes? |
| Allright, I'm guilty of this. I filed an extension in April and pre-paid the amount that I thought would be due. After that we moved and got really busy and I totally forgot about the Oct. 15 ... |
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 Is job seeker's allowance paid even if u are unemployed or u never worked in uk? |
Im curious bcus im finding too many peole pretending to not find a job but its not true!!
Thanks
Additional Details
Im Italian and im living here, WORKING here and now im pregnant ... |
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stephaniemorosi2 | Can I file my taxes for 2006 this late? |
I was financially supported by my father until mom's death and then I lived off my inheritance for a couple of years (while living in the family home)
I did some babysitting, flea market selling (estate), and web design for 2005 but I was sick as a dog during april with strep throat and didn't file taxes. I want to file taxes b/c I have been putting money into my bank account and I also want to go back to college and use scholarship money |
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Steve C
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I have been a tax accountant for 27 years. Most of the people responding before me are only partly right or dead wrong (with the Exception of Brian).
Brian is right. File now and the IRS will send you a bill for any penalties and interest. The late filing penalty is not too bad so long as you don't delay; it's 5% per month (or any fraction thereof) to a maximum of 25%.
If you are owed a refund, there will be no penalties. But take it from someone who knows what he's talking about: do not try to do your own taxes. The software out there is total garbage and the IRS knows it, but wants people to make mistakes so they don't get all they should or incurr penalties for errors.
You just saved $150 per hour. |
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Brian G
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Yes, still file your return. If you are due a refund, you are still going to receive it with no penalties. If you owe money, you will have to pay a late filing penalty and interest on what you owe, but at least you will have it taken care of and not start getting letters from the IRS. |
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rdp
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Yes, you may file the return. As has been mentioned, if you are due a refund you will receive it... no penalties. If you owe tax then you will be charged a late-filing penalty and possible an underpayment penalty. But if your tax liability is low your penalties will not be much.
If you do not file, after 3 year you will not be able to get the refund (if you are due a refund.) Additionally, until you file you will have an "open tax year"... until a tax year is "closed" it is subject to the IRS's review. |
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acmeraven
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Yes, you can file until October 15th with no problem. It looks like you are going to have fun trying to figure out what your net earned income was in 06 though. |
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reciprocityabound
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Yes you can file, if you are getting a refund you have 3 years and if you owe well you are going to have some pretty ugly penalties. |
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rob5279
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Yes |
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Alan W
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Yes, you can file this late - even if yo did not file an extension. Just fill out file the return(s) as though it was before the april filing deadline. |
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regerugged
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You would be leaving yourself open to interest and penalties for not filing on time. It is also likely that you would be audited. I suggest you talk to a tax attorney. You may be able to find one in your area at www.handelonthelaw.com. |
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Ken
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You can file late, but you will get penalties and interest. Anything that was cash and not reported you probably shouldn't tell them about. By the way, TaxACT ( https://www.taxactonline.com/s_online_tax2006/introduction/signin.asp ) is cheap and good. |
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Rod K
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If you owe taxes, you need to send them a check immediately on what you owe. You can then file for a late filing - due in August. But if you don't send money now, you will owe additional penalty and interest.
If they owe you, you still need to send in an extension request, and finish before August. |
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