If you make any money in 2007, can you file taxes in 2008? |
i've only worked since september.. so do i file taxes or no.. and plus i have taxes i can file provided by my college Additional Details well ok.. i got paid 1798 because i just ... |
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How much are taxes on a gift of cash? |
| What would taxes be in the US on a substantial (maybe $40,000) gift of cash made to someone? Would both the giver and recipient be charged taxes or penalties?... |
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Renting our UK property out and moving overseas. TAX ? |
Hi my husband and I are moving to Australia in December and we are going to rent out our property we have been told we would have to pay Tax on the rental income.
1. If we only get enough to ... |
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Is there a law that states we have to file a 1040? |
| Is there a law that states we have to pay or file a tax return ?... |
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Im a single mother with one chlid and made only 8,200 this year and turbo tax is telling me im only getting? |
back $453and I dont qualfy foe EIC for my one child does that sound right Im sure I should get more then that back with all of the new tax refunds Additional Details Thanks for all of ... |
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Okay so let me get this straight!! if my taxes were prepared by a tax preparer? |
| and it was direct desposited and fees taken out, I will get a paper check right?... |
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What happens if you pay to use someone's kid for tax credit? |
| Several people at my job are offering various people's children for tax credits for a price of $400-500. They provide SS# and other info. They get back a lot more than they would without a child.... |
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Benefit help?? |
| my partner and i live in a council home, my partner has lost his job but i still work part-time 19 hours at minimum wage, we have a young child. Also i was wondering if my partner and i are entitled ... |
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Tax return? |
| according to my last check stub......my gross for the year is 35,521.........my wife made about 8 grand....i got married this year, i also bought a house in february.....i married into 4 kids............ |
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Can you and your spouse claim the same children as dependents if you both provided for them for 2007? |
| My spouse and I are filing 'Married filing Separately' this year and was wondering if we could both claim the children as dependents since he paid for the childcare and some of the clothes ... |
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Do I have to pay taxes if I have large amount of deposited in Bank of America? |
I have Bank Of America checking account, and I have a large amount of money transfer from my PayPal ( about over $2000/month ). Do I have to pay taxes although it is not my income?
(I will ... |
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Employer won't send my W2's? |
| I left my last job which I was at for 7 years, I moved, and my employer won't send me my W2's. I am still in contact with a girl who works there still, as a friend & I gave her my ... |
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Tax refund? |
| as i work for a company, can i claim back money on tools i buy to use for my work or is it only the company that can do ... |
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Stmlus check? |
| if im getting chek in mail when should i recieve it my last two no.60 they said they started early with getting the direct deposit out will i get my check early when will i get it i hve kids they ... |
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If i made a donation of 300$ what would i get back since it was tax deductible? PLEASE HELP MEE = D? |
| I made a donation of 300$...it was tax deductible and they gave me recipts to fill out and turn in when i do my taxes...what will i get back...will i get back everything i donated?? just curious and ... |
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Paul W | Is there a statue of limitations on filing an income tax return? |
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Charles G
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For filing, no.
For a refund, yes, three years from the due date. (2005, 2006. 2007 all are OK for a refund).
There is a 10 year statute for collecting the tax due, from the time it is filed. Some things extend the statute.
If the IRS suspects fraud, there is no statute whatsoever.
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Mathew
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No, the IRS can require you to file a return for any year that you had income enough to be required to file. I have done a number of them over ten years past the due date. Generally, as a practical matter it is difficult for the IRS to prove you had income much beyond ten years and thus require that you file a return but they could. |
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Judy1
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No. The statute of limitations for collecting doesn't start running until a return is filed, so if you didn't file, they can go back as far as they want to |
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chatsplas
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well you can only get refunds going back 3 years, but have to pay taxes owed, plus penalties and interest |
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Jss
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1. You must file your tax return if you are required to file.
2. If you owe taxes, you will also pay interest and penalty.
3. If you have a refund, you will not get it till you file. To get a refund you must file your return within three years.
Read this http://taxipay.blogspot.com/2008/03/automatic-extension-for-6-months-to.html |
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botygy
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No |
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Dave T
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No. There is no statue of limitations on filing a Federal Income Tax Return. The Internal Revenue Code allows the IRS to file a return for you for any unfiled year. That means if you have a return that was due 30 years ago the IRS could still file a return for you. Not to scare you now the IRS usually will only go back 6 or 7 years.
If you don't file a return you do not start the clock running on the IRS Statute of Limitations for collecting the tax liability. The IRS has 10 years from the date you file or the date the IRS files or adjusts your return to collect any tax liability. There are some things that extend the collection statute, an Offer In Compromise or an Bankruptcy, etc. |
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Bob F
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At the federal level, there is no time limit. There is a three year time limit to claim a refund but if you owe, there is no time limit. If the IRS has reason to believe there was any fraud involved, there again is no time limit.
At the state level, all states are different but most are close to the federal time limits or even exactly the same. |
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