This website I'm providing has all the possible information you'll ever need when it comes to filing your late federal income taxes: http://www.irs.gov/publications/p17/ch01.html.
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.
i went to federal prison is it too late
No, it is mandatory. There is a federal income tax, and you are required to pay it when you file your taxes each April. Failure to do so could submit you to an audit from the Internal Revenue Service and you would undoubtedly have to pay late fees and penalties if it turns out you failed to pay your taxes in a timely fashion.
As a calendar year individual taxpayer filing a 1040 federal income tax return and you do NOT have any income tax liability or OWE any income taxes on your correctly completed income tax return the final date to file would be October 15 2010. If you owe taxes and didn't file your tax return or request an extension by the April 15 deadline, you may face interest on any unpaid federal taxes you owe and a failure-to-file penalty. The IRS will deny a request for an extension that is filed after midnight on April 15. However, you should still file your tax return, even if it's late. The failure-to-file penalty is 5 percent per month, or part of a month, of the balance due, up to a maximum of 25 percent. If the tax return is more than 60 days late, the minimum penalty is $135 or the balance due, whichever is less. Interest and penalties add to the total amount you owe. The sooner you file, even if you can't pay all or some of the taxes due, the less you will owe. More information about penalty and interest charges is contained in Chapter 1, Filing Information, of IRS Publication 17, Your Federal Income Tax. Go the IRS gov web site and use the search box for Publication 17 and go to chapter 1 When Do I Have To File?
TurboTax.com can help you for federal income tax, but you're a little late on filing your 2010 taxes. Actually, you're a lot late. Better get on that.
it is to late
You have three years from the filing deadline to file your income tax return to receive your refund. Taxes for 2007 were due on April 15th 2008. You have until April 15th 2011 to file to receive a refund. Never if you have a tax liability.
Yes you can.
Federal income taxes are due by April 15 if your tax year ends on December 31st of the previous year. If April 15 falls on a weekend, then the return is due by the next business day. As long as your income tax return envelope is postmarked by midnight on the due date, it isn't considered late. So, for example, if your envelope is postmarked April 16, 2010, it is already considered late.
Yes when you are due a refund you have up to 3 years from the due date of the income tax return to file your income tax return and get any refund that may be due. After that time period the refund amount is lost and no longer available to you.
The deadline this year was to be April 15. However, the IRS extended this deadline to the 18th this year. It is possible to get an extension that could allow you to file as late as October.
If you owe taxes and didn't file your tax return or request an extension by the April 15 deadline, you may face interest on any unpaid federal taxes you owe and a failure-to-file penalty. The IRS will deny a request for an extension that is filed after midnight on April 15. However, you should still file your tax return, even if it's late. The failure-to-file penalty is 5 percent per month, or part of a month, of the balance due, up to a maximum of 25 percent. If the tax return is more than 60 days late, the minimum penalty is $135 or the balance due, whichever is less. Interest and penalties add to the total amount you owe. The sooner you file, even if you can't pay all or some of the taxes due, the less you will owe. More information about penalty and interest charges is contained in Chapter 1, Filing Information, of IRS Publication 17, Your Federal Income Tax. Click on the below Related link