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 Tax Accident! Filed all 3 Jobs under ONE name!?
I really need some advice. I worked 3 jobs for the 2006 tax season and recieved all 3 W2's from my employers. I used TaxActOnline.com to do my taxes, but before that, I totaled all my jobs boxes ...


 For those of you who DIDN'T receive your expected tax refund on 1/25?
do you mind telling how you filed and what you claimed, to see if there is a pattern in the delays?
Additional Details
Also, how long did it take for the IRS to accept your return?...


 Will our economic stimulus check be garnished?
My husband owes back child support. Our tax returns are usually garnished. Will the same thing happen to our economic stimulus check? If so is there a way for me to protect my portion of it?...


 I was recently approved to recieve disability benefits with backpay. Do I have to pay taxes on the backpay?
Is backpay tax free?...


 Have you filed your 2007 taxes, yet?
...


 Stimulus REBATE Check Questions... HELP!?
Ok I was due to get my 08 Rebate Stimulus Check on 5-9-08 as my hubbys last 2 digits of his social are 51.
We filed and received our tax return way before the cut off date and it was even spent ...


 My grandma wants to give $50,000 to my wife and I want to know how to pay as little in taxes.?
I live in Washington state....


 If I receive some money (above $10000) as a gift from a relative living outside US, is it taxable?
...


 Why does the goverment take money out of your paycheck if you only made $52.00?
...


 Is money deposited in a 401k plan tax exempt?
My wife started making regular deposits in a 401k plan offered by her new employer in 2006.

Question: Is the money she invested in the 401k Plan tax deductible in 2006? In other words, do ...


 How do i put a new roll of labels in a price gun??
it's one of the new plastic ...


 If u make any courier is they will charge service tax or not?
if u make any courier, they will charge such as Rs.30, 40 or 80
is the service tax will be included in the amount or ...


 Can I withhold taxes as a single even though i'm married?
...


 Should I file a tax return for my infant son? He had about 50.00 in interest income from his bank account.?
This is the only income he received in 2007....


 Can I claim our daughter?
I have no idea how this works or what's best. The thing is my husband and I both work and we earn pretty ok money.. he says I should tell the payroll dept i want to claim our baby as dependent ...


 Does unemployment usually send a w-2 if you had taxes withheld????
okay its almost the 31st and still no w-2 from unemployment, they do send one out right????? i had taxes ...


 2006 child tax credit?
Can you make too much money to even claim the Child Tax Credit for the year 2006? If so what is the amount?? Thanks,...


 What is the difference between w-2 forms and your federal income tax return?

Additional Details
well I told my parent that I need the tax return and she said same thing but i think she was parranoid for me asking her for ...


 Duty Free when flying within UK?
Hi how many cigarettes can you buy if you are travelling from one UK airport to another?...


 Defaulted loan and tax return?
My husband and I are filing our tax returns separately. I have a student loan that is in default. Can my husbands refund be taken by the IRS because of my loan. This is our first year being ...



texas_gal22
What happens when you dont file your taxes on time, but you dont owe? is there a fine?
when you dont file but you are supposed to be getting money back..is there a fine for filing late or can anything happen if you dont?
                     
 




Anna
If you are certain you don't owe taxes and are therefore due a refund, you DON'T have a penalty or fine for not filing and you DON'T have to pay late filing or non-payment fees.

The statute of limitations on refunds is 3 years from the due date of the return; so, the statute just ran for your 2004 return. If you could have received a refund, you just lost it.

You are making an interest free loan to the federal government on any refunds you don't claim. So, get busy and file that return and enjoy your refund!!!


Judy1
No, if you don't owe, there's no penalty for filing your federal return late. The only negative thing is if you don't file within three years, you lose your refund.

Some states do penalize you for being late even if you don't owe.


mudbug
If you are certain that you do not owe you will have no penalties. The late filing and late pay penalties are based on the amount owed and the number of days the return is late. You forfeit your refund if you do not postmark the return within 3 yrs of the original due date!


Sharon T
On the federal level, every penalty is a percentage of what you owe. If you don't owe, there is no penalty.

From a practical standpoint, you need to file ASAP. You just don't want to have a track record of late filing. It is not good practice.


Gary
If you do not file how do you expect to get your refund? Go ahead and file Tuesday, May 27th and get your money. There is no penalty since you do not owe money. Get with the program and file your taxes every year before the due date. Wise up.


Pernell S
no u wont be fine


Richard B
There could be a fine for late filing. Any fine would be deducted from your refund. That's how it works.


tonyi04
Rating
Yes if you have a job and taxes got taken out you have to file. Unless you made under 1,000. And yes there is a penalty for filing late


John Scott
Rating
Anna's answer is correct except that the IRS does pay interest.


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