If you do not file your income taxes, you will owe the IRS 47.5% interest. For late filing, you will owe them 22.5% of the total and 25% if you don't file altogether.
Federal $ 5000.00 unless they have more than $800.00 in interest, but if taxes are withheld you may want to file to get a refund. States vary.
If you mean for filing your return for income earned in 2012 the normal date would be April 15, 2013 unless you file an extension which gives you until October 15, 2013. Remember that the extension is only an extension to file and not an extension to pay any taxes that may be due. If you do not pay the taxes due then interest and penalties for non-payment of taxes will be assessed. If you don't file your taxes or an extension by April 15, 2013 then you will be assessed penalties and interest for non-payment of taxes and for non-filing of the return on a timely manner.
If you are 21 you have to file taxes
have no money how can i file my taxes
Yes you can.
If you do not file your income taxes, you will owe the IRS 47.5% interest. For late filing, you will owe them 22.5% of the total and 25% if you don't file altogether.
It is okay not to file taxes if per the IRS instructions you do not have to file taxes based on your income and other levels. However, if you do have to file taxes, and have not filed them, then you should get appropriate tax assistance, file the necessary forms and returns, and avoid various types of IRS interest charges and other penalties.
This is a deduction in your favor so you should. It will bring down your tax owed.
Federal $ 5000.00 unless they have more than $800.00 in interest, but if taxes are withheld you may want to file to get a refund. States vary.
Your son also has to be on the mortgage in order to be able to write off taxesv and interest on this property.
If you mean for filing your return for income earned in 2012 the normal date would be April 15, 2013 unless you file an extension which gives you until October 15, 2013. Remember that the extension is only an extension to file and not an extension to pay any taxes that may be due. If you do not pay the taxes due then interest and penalties for non-payment of taxes will be assessed. If you don't file your taxes or an extension by April 15, 2013 then you will be assessed penalties and interest for non-payment of taxes and for non-filing of the return on a timely manner.
If you are 21 you have to file taxes
have no money how can i file my taxes
A 1099 is a tax form used to report and pay taxes on income other than wages and salaries. Such income could include interest or dividends paid you from your investments or work you contracted to do. Taxes are bit calculated and paid for income from 1099's which means it is your responsibility to pay them when you file your taxes. And YES you do have to file them.
If you file a Schedule A and Form 1040 return you can deduct your Mortgage Interest, Property Taxes, and Mortgage PMI on your 1098 form from the bank or mortgage company.
No, you cannot file your taxes at the DMV.