 I havnt been paying national insurance contributions? |
| I am a british citizen, but I have been living in Greece for the last 7 years as my partner is Greek. I haven't been paying my national insurance contributions to the UK government, and now I ... |
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 In my paycheck they take out a bunch of taxes and i'm a minor what takes are they supposed to take? |
| Because my parents claim me as a dependent right so aren't they supposed to take out one tax? Becaue also i'm a minor i' only 17 years ... |
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 I live with my boyfriend and our son we share all expenses what would be the best way to file our taxes? |
| My boyfriend and I live with our son and share all expenses what would be the most beneficial way for us to file our taxes so that we can get the most amount of money back? We, at the MOST make $19,00... |
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 Income support in the UK? |
| In the UK is it possible for a 16 year old, on an apprenticeship ,who earns 85 pound a week, and is moving into his own flat to claim income support?... |
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 Finally got my rebate yesterday!? |
Last two are 46. I received my paper check yesterday! Just thought some people would like to know. Also was wondering why the check was printed with Austin TX and mailed from Kansas City?
A... |
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 STOP SMOKING and put up all anti smokers TAX? |
IM SURE they would like that.
maybe they would sooner us smoke than pay EXTRA 30% tax
and have their mortgage payments go up to 15-20%
and also how many ANTI smokers use the NHS. you ... |
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 Can i claim my fiance and her 14 year old kid as dependents on my taxes if we are not yet married? |
I currently claim 1 on my 1040 if I could add them as dependents what do I change it to 2 or 3? what is head of house hold ? thank you
I live in ... |
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 OOPS...I owed $ for my taxes and the check bounced. Now what??? |
| I just realized that I sent in an old check for my taxes...it's an account that I only keep a few dollars in. Therefore, the check bounced. I only owed $100, but still! So now what happens? W... |
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 Ok so i did my taxes today @ jackson hewitt.. and the person who did my taxes said that i will receive ...? |
2 checks from mail... one check and then one other after a while..
irs or something can u tell me how long does it take to get the checks thank ... |
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 I'm having emergency tax taken from me, I don't think this is right? |
| I've noticed over the past few months that my tax payments have gone up quite a lot. I also noticed that my tax code had changed. I decided to look up the code and I'm on emergency tax! T... |
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 What is the standard number of work hours per week in the UK? |
(Not the maximum, the standard) =D
Additional Details
For an IT position (so like a programmer etc.), sorry forgot to add that.... |
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 Will I be able to claim my unborn child when I file my taxes? |
| I am currently 6 1/2 months along. My due date is late Feb. Now I think I wont be able to but I'm not sure.... |
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 What tax form should I use? |
| This would be my first time trying to file my taxes on my own. I'm married and have two kids. I own my home so I will be itemizing my deductions. What is the best way to file, e-file, paper, tax ... |
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 What is classed as low income? |
| HELP PLEASE.............please can anyone tell me what is actually classed as low income, i about to claim help with council tax i dont ask for much honest, but at £113 a month we are sruggling im ... |
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 Haven't Filed Taxes in 5 YEARS? |
| My fiancee hasn't filed his taxes for the last 5 years. he worked for a construction company that paid him with a business check and no federal/state/social security or anything else was taken ... |
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 College student who is a dependent getting a stimulus check? |
My mom claims me as a dependent on her taxes because I am still a college student. I file as single and as the dependent of my mom.
Will I still be getting a stimulus check if I am a ... |
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rj0435 | I know its bad but I failed to file my income tax this year what should I do? |
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 |
 
bull_rooster_aardvark
|
Go fill out an extension and send it in immediately. It give you until Oct 15 to file. You will probably still get hit with fees since you are late filing the extension but thats not so bad.
Here is the linik for where you can get an extension form form the IRS:
http://www.irs.gov/formspubs/article/0,,id=98155,00.html
Of course you will need another extension form for your state too. |
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Steve
 |
Just go ahead and get them filed. If you are due a refund, then there is no penalties or interest.
However, if you owe, then you will be assessed penalties and interest. |
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ninasgramma
|
It is too late to file for an extension. However, you can still file your return electronically and receive any refund due in 8-15 days.
If you do not owe taxes, there will be no penalty or interest charged.
If you do owe taxes, there will be interest charged, and there will be a penalty. The failure to file penalty is 5% of the tax due on the return per month, up to 25%. So file it right away even if you cannot pay. Filing will stop the penalty, which is much more than the interest charged. |
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Joe
 |
First thing, don't panic...although it is adviseable to file by the 15th of April (or the next business day if the 15th is a week end or a holiday), it's not a big deal if you're late a couple of days or months AS LONG (and I stress it) that you don't owe them anything for the year that you're filing for.
Let's assume that you don't owe them and that you're getting a refund:
if that's the case, you can file electronically until October 15th of this year. After that date, you would have to send a paper return and it will take about 4-6 weeks to get your refund. If you decide not to file this year for tax year 2006 (TY2006), you may file 3 years after that and you're guaranteed to get your refund (again assuming that you are due a refund). After the 3 years period, you relinquish your right to claim that refund and it belongs to the IRS.
Let's assume that you will owe them for TY2006:
then....you're screwed...ok maybe not. What will happen, you will get charged penalties and interests on the principal (starting from April 15th) that you owe them until you finish paying that debt just like a credit card. Keep in mind that if you owe them, filing an extension is not going to help you because the purpose of the extension is to give you extra time to file NOT extra time to pay. If you can't pay the debt fully, you might try and make arrangements to pay them a certain amount monthly or quarterly. If you decide not to pay, they might keep a portion or all of your refund when you file for TY2007.
What to do:
first get your finances in order. Gather all your W-2s, 1099 and all the other wages that you've earned for that year. DON'T FORGET bank interests, investment income, retirement distributions....and all other forms that you might have received (if you forget one of them, you will have to file an amendment). Depending on your income, you might want to try and claim some "legally deductible" expenses (they call it to itemize your deductions) to lower your income and maximize your chances of getting a higher refund. Make sure though that you have a way to prove the expenses that you're claiming.
Hope this helps. |
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Andrea B
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You need to file it. There is no limit on the amount of time that the government can come after you for not filing and paying your income taxes. |
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Shortstuff13
 |
File them now!!!!!!! |
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smiling_freds_biz_info
|
file it? |
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T J
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You need to file the form - if you don't owe taxes you may not end up with any penalty, but if you do owe, you will have some, but not as bad as if you blow it off until winter or next year (or never do it).
By the time you take deductions and such, you might be okay. Buy a tax program for $20 (might be nearly free now, so long after filing date), it'll help you through it. |
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Judy1
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File it as soon as possible.
If you have a refund coming, you won't be penalized on your federal taxes. If you owe, there will be penalties and interest, but they will keep accumulating until you take care of your problem.
State rules differ for when you'll be penalized for late filing. |
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Tomk
 |
Do it TODAY. Don't wait. You'll owe some extra interest and probably a small penalty. After you file, you'll get the bill for whatever else you will owe them.
If you don't file, that's tax evasion and you can go to jail for that. |
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shoredude2
 |
File them. If you're getting a refund or are breaking even, you won't have to worry about interest or penalties. And you still can enjoy that refund check.
But if you owe, they'll find you. Your employers sent a copy of the W-2's they sent you to the IRS, and if applicable your state or local taxing authority. And the longer you wait, the more the penalties and interest add up until you settle up.
Someone might tell you to file an extension, that had to be done by April 17. |
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