You should seek out the assistance of an experienced, licensed (CPA/EA) tax preparer
who has done returns for nonfilers such as yourself.
You are probably entitled to deductions which could greatly reduce the tax you owe on the money you have been making under the table. You may even be entitled to a refund! ---- Its an "Honor System". You do not need a W2 or 1099 to report your income, CASH is taxable too :) You need to organize your income by source and you're entitled for expenses as related to the income generated. Lastly, if you can not pay the tax owed, you can settle your tax debt based on your financial situation.
No, a person will not owe taxes to the IRS if they haven't worked in 8 years. Taxes are only due on money earned.
You may have to pay taxes if you are under 18 years of age. You are required to file taxes depending upon the amount of money that you bring in.
I have asked this question to a friend of mine who worked for the IRS as a Revenue Agent for 19 years. The answer is no. My friens told me that any IRS employee who owes after filing taxes are let go.
You can file up to 2 years back taxes.
Right off, your legal problem with hiding your income is really more criminal, not tax. You obviously need help and better not try and represent yourself...because you even defeat yourself in the little bit you say here... If you've been paid under the table for 5 years....Yes, that says you've had consistent income...and actually much more of it than someone who abided by the law and paid taxes. Not that not having consistent income (under whatever definition you may want) would be a legal excuse to have avoided tax, or good reason to expect others to provide for you. Help is in the yellow pages...under Lawyers or Attorneys.
No, a person will not owe taxes to the IRS if they haven't worked in 8 years. Taxes are only due on money earned.
You may have to pay taxes if you are under 18 years of age. You are required to file taxes depending upon the amount of money that you bring in.
Yes, him and Washington worked together to lower taxes, finally 3 years later president Lincoln was the first president to actually lower the taxes.
It's been worked on for many years, but is technically not done yet
When does a person attain fully insured status under Social Security? A. after 40 quarters (10 years) of participation paying FICA taxes B. after 20 quarters (5 years) of participation paying FICA taxes C. after 30 quarters (7.5 years) of participation paying FICA taxes D. after 50 quarters (12.5 years) of participation paying FICA taxes
if you have paid taxes for this long, how can you live on your 31.000 a year retirement check and still pay federal taxes every year?
Residents of all states pay federal taxes. Texas does not have a state income tax. If you lived in a different state and worked in Texas, you still have to pay state tax in the state you lived in. If you don't owe any federal tax, your tax professional will file a tax return to the federal government which will get you a refund.
Yes, the little tykes picnic table can seat four children of eight years old and under. Matter of fact it can seat up to eight children with four sides.
yes it is all under the table pay
Jacob worked 7 years for his wife.
You have to contact the company you worked for and find out who your 401k was through and then contact them. If you worked for that company for 5 years or more you will not be eligable for the full amount invested, only the amount you put in . most companies take 20% in taxes when you opt to take out your money , then at the end of the year you will receive a 1099 form for tax purposes.
in his teen years he worked at a mill then he worked for the army for a couple of years