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Paying large fines or even doing jail time.

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Q: What are the consequences of not filing personal income taxes?
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You made 1400.00 in your personal business last year do you need to report it along with your regular earned income when filing taxes?

Yes, you need to include any income that you made on your taxes. You will pay more taxes on for personal business.


What age are you exempt from filing Income Tax?

You are not exempt from filing for Income taxes based on age. You are exempt from filing taxes based on the income you receive. If your income is over a certain amount you must file.


When are taxes due?

April 15 is the usual deadline for filing personal income taxes. However, for 2010 taxes, the deadline has been extended to April 18, 2011.


Can you file taxes if are pregnant and have not worked?

with no income what would you be filing taxes on


Can car loan interest be claimed when filing personal taxes?

No, car loan interest cannot be claimed when filing personal income taxes. One can, however, deduct some costs of upkeep (or mileage) if the individual can demonstrate that the car was used for business and that they were not reimbursed for such usage.


How old do you have to be to stop filing income taxes taxes?

There is no age limit for filing income taxes in the United States. The only time you do not have to file tax returns is if your income falls below the minimum amount requiring you to do so.


What is the shortest tax form?

For federal taxes in the United States, the shortest personal income tax filing form is the 1040-EZ.


The largest proportion of federal revenues comes from A excise taxes B borrowing C personal income taxes D social insurance taxes?

Personal income taxes


When filing for the state income taxes do you receive your federal income tax refund as well as your state income tax refund?

No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.


Who is responsible for filing your income taxes after your death?

The Executor or the Administrator


Define earned income taxes and personal income taxes?

An individual taxpayer using the 1040 federal income tax return earned income worked for income and the related income taxes and the personal income taxes would be the same thing on the 1040 income tax return.


Should I take an income tax course before filing my taxes?

It is recommended that an income tax course before filing your own taxes. Tax filing errors can be expensive and you should make sure you know what you are doing before attempting to file your own taxes.