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if the IRS finds out that a person does claim income, the IRS can audit the person. If audited, the person will have to go in person to their local IRS agency and explain the situation.

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Q: What happens if I didn't claim income and the IRS finds out?
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What happens if you claim an inmate on your tax?

You will be audited and have your taxes adjusted for your error or fraudulent tax return. You will have to repay the amount of the difference plus a possible 50% fraud penalty and interest on the amount owed. I suggest that you amend the return before the IRS finds your error and you will probably not have to pay the fraud penalty. The key is whether or not you lived with them and supported them during the tax year not the year that you file the taxes. As long as the lived with you for more than six months during the tax year you could legally claim them. This is a matter that is easily discovered by the IRS.


What is a debt that will be subtracted from the balance of your account?

Account payeable


What does partial amnesty means?

The IRS is encouraging taxpayers who have not filed tax returns, not reported all of their income on their tax returns and/or have taken frivolous tax deductions to participate in this Limited Time Voluntary Disclosure Program.It state that one must initiate participation in the Voluntary Disclosure Program before the IRS finds it out. This will allow one to avoid criminal prosecution and the assessment of significant IRS penalties.


What is the name given to the criterion that finds all records where no entry has been made in the field?

sdgsdg


When was the ending date to file 2010 tax returns?

IF you filed for an Automatic Extension back on April 15th of 2011 then you could have waited until October 15th to file the 2010 return as a "current year" return. However there is no Statute of Limitations for the filing of ANY year tax return. So if you failed to file your 1999 federal income tax return and the IRS finds out somehow that you had sufficient taxable income to file a return for that year then they are legally obligated by Congress to prepare a Substitute For Return for you. The SFR will allow ALL the income but not allow ANY deductions EXCEPT your Standard Deduction and your Personal Exemption amount for that year. IF in a previous year you filed as Married Filing Jointly then they will give you the Married Filing Separately status. If not, then they will give you the Single status. So IF you have yet to file your 2010 return you can still file it. You likely will NOT be able to file it electronically; however you can still submit an "ink-on-paper" version. The Statute Of Limitations for filing a "Claim" is three years from the original due date of the return OR two years from the date the tax was paid for that return. So if you are due a refund on your 2010 return go ahead and get it filed. If you wait past April 15th of 2014 then your refund/credit will be lost.

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