answersLogoWhite

0


Best Answer

Yes. If you're required to file a return, you should go ahead and file for the current year so that it's on time. If you haven't filed for previous years because your income was below the required level for your filing status, you might still want to file to receive a refund of any income tax that was withheld. If you should have filed in previous years but didn't, then you should file as soon as possible to reduce late fees and penalties which most likely will be assessed.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can I file this year's tax return without filing for previous years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

If we previously filed jointly and are now filing separately how do we report tax refunds from previous years?

50-50 one half of the amount of the refund to each taxpayer from the MFJ income tax return.


Which of the following situation could prevent Joe from receiving a refund for which he was otherwise entitled?

Which of the following situation could prevent Joe from receiving a refund for which he was otherwise entitled? a. filing a return for an open year. b. amending a tax return two years after the tax was paid. c. filing a return for a closed year. d. amending a tax return three years after the return was filed.


What is an unfiled tax return?

Unfiled tax return means that you have not filed a tax return with the IRS, whether it be the current year or any previous years. Any tax returns not filed for this year or the previous six years need to be filed.


How far back can the US go back for a audit?

I believe the current policy is SIX YEARS without managerial approval. However, if you failed to file a tax return from anytime in the past and the IRS determines that you had sufficient income to have a filing requirement then Congress requires the IRS to file what is known as a Substitute For Return for you. The SFR will list ALL the income that the IRS is aware of. If, in previous years, you filed as Married Filing Jointly then the IRS will allow the Married Filing Separately standard deduction. If not, then the IRS will allow the Single standard deduction. Either way you will be allowed YOUR OWN exemption only - even if the previous year return had dependents listed. The IRS can get somewhat "tedious" with back-due taxes. You should acquire the services of a Tax Professional to "represent you" before the IRS instead of you having to go to see them.


Can your use a W-2 form from three years ago if you didn't file the job on your tax return?

If you already have filed a tax return for that previous year, then you should amend your original return to correct that omission. Form 1040X is Amended U.S. Individual Income Return. You're allowed to amend 3 years after the date of filing your original return or two years after the date of paying taxes, if any, whichever is later. If you haven't filed a return for that year and weren't required to file, then you should file if tax was withheld to receive a refund of that tax.

Related questions

How do i get a proof of filing?

You can mail it registered mail, return receipt requested. For previous years all you can do is to request a transcript and it will show the date received by the IRS.


Do you need to include W-2 when filing a paper tax returns?

Generally, yes. Especially if you are talking about your current year tax return (2007). If you are filing a tax return from previous years, you probably should still include it but the IRS will have it on file too so it's not as important.


If we previously filed jointly and are now filing separately how do we report tax refunds from previous years?

50-50 one half of the amount of the refund to each taxpayer from the MFJ income tax return.


When can you file chapter 13 after filing chapter 13in the past?

You can file a another 13 after 2 years have passed from the previous 13 filing date.


Which of the following situation could prevent Joe from receiving a refund for which he was otherwise entitled?

Which of the following situation could prevent Joe from receiving a refund for which he was otherwise entitled? a. filing a return for an open year. b. amending a tax return two years after the tax was paid. c. filing a return for a closed year. d. amending a tax return three years after the return was filed.


What is an unfiled tax return?

Unfiled tax return means that you have not filed a tax return with the IRS, whether it be the current year or any previous years. Any tax returns not filed for this year or the previous six years need to be filed.


How many years does a dismissed without prejudice filing stay on your record?

86 years...


How far back can the US go back for a audit?

I believe the current policy is SIX YEARS without managerial approval. However, if you failed to file a tax return from anytime in the past and the IRS determines that you had sufficient income to have a filing requirement then Congress requires the IRS to file what is known as a Substitute For Return for you. The SFR will list ALL the income that the IRS is aware of. If, in previous years, you filed as Married Filing Jointly then the IRS will allow the Married Filing Separately standard deduction. If not, then the IRS will allow the Single standard deduction. Either way you will be allowed YOUR OWN exemption only - even if the previous year return had dependents listed. The IRS can get somewhat "tedious" with back-due taxes. You should acquire the services of a Tax Professional to "represent you" before the IRS instead of you having to go to see them.


Will the tax intercept program take previous years tax return or just this years?

Yes


How long do you have to wait IF you discgarge ch 7 before you file ch13?

As of October 17, 2005, the new time limit for filing a Chapter 7 is now eight (8) years from the discharge date of a previous "7" filing. The time limit for a Chapter 13 is four (4) years from the discharge date of a previous "7" and two(2) years from the discharge date of a previous "13".


Can you refile for another bankruptcy after one has been discharged?

You can file BK 7 after 8 years from the previous BK7 7 (measured from time of filing, NOT discharge). You can file BK 13 6 years after filing BK 7. You can file a BK 13 2 years after filing a BK 13.


Can your use a W-2 form from three years ago if you didn't file the job on your tax return?

If you already have filed a tax return for that previous year, then you should amend your original return to correct that omission. Form 1040X is Amended U.S. Individual Income Return. You're allowed to amend 3 years after the date of filing your original return or two years after the date of paying taxes, if any, whichever is later. If you haven't filed a return for that year and weren't required to file, then you should file if tax was withheld to receive a refund of that tax.