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No, each year has to be filed separately
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∙ 15y ago
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Can you file taxes for 2008 even though 2007 isn't done?
Get your 2008 taxes filed on time (or at least file an extension) even if you are not done with your 2007 taxes. You have already reached the maximum failure to file penalty for 2007. If you don't get your 2008 taxes filed on time, you will get a whole new set of penalties for 2008.
Are taxes filed in 2008 for 2007?
Yes a tax return that was filed in the year 2008 would have been for the 2007 tax year income tax return.
Can you include taxes owed from 2007 in a Chapter 12 bankruptcy filed in 2008?
I believe you pretty much have to.
If the last time you filed taxes was in 2005 are you eligible for the federal tax kicker?
If you mean the stimulus payment, no. It is based on your timely filed 2007 tax return.
Can state and local taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
Yes, provided you are itemizing deductions (schedule A).
If you filed chapter 7 in 2005 and your house was foreclosed on in 2007 do you have to pay taxes on it?
If the foreclosure was not part of the bankruptcy, yes.
How do you know if you are up to date on 2009 taxes filed?
Filed 2009 State and Federal Taxes but was unable to print them out. How do I know if they were filed?
I recently filed my 2006 income taxes, can the irs hold my refund until I file my 2007 and 2008 income taxes?
It depends. The IRS may be expecting that you owe additional taxes and can hold refunds until you get it all squared away. Given the backlog, however, they may not yet be aware that you haven't file 07 and 08.
How do you find a copy of 2006 income taxes that i filed with h and r block?
Contact the office where your taxes were prepared.If that office is no longer open, call 1-800-HRBLOCK.
Can property taxes paid 2007 for 2006 be deducted for 2006 taxes?
No. In the U.S., individual taxpayers are generally considered "cash basis" -- that is, we claim income the year in which we receive it, and expenses the year in which we pay them. So, property taxes paid during 2007 for any year are deductible only on a 2007 income tax return.
Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
No. Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).
How many individual tax returns are filed annually?
During Fiscal Year (FY) 2007 (October 1, 2006 - September 30, 2007), 138,893,908 individual income tax returns were filed in the United States.
