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What will happen if you file the current years taxes and owe for back taxes?
Wiki User
∙ 9y ago
You will have to pay a fine. And pay all the money back that you owe.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoIf you owe the state or federal taxes your refund will be taken to go towards what you owe.
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Can you file your taxes from 2008?
You can file up to 2 years back taxes.
Can you get more money back on taxes then what was taking out?
Yes some time this can happen.
Can one state garnish your wages for back taxes in another state?
If the state where you owe back taxes gets a judgment against you, your wages can be garnished. This can happen no matter what state you live in.
What happens to my owed back taxes when I retire?
You still owe them. In the US, the IRS has 10 years to collect taxes.
How long does it take to get the federal refund back when you amend your taxes?
10 years
Can you claim on your current taxes the amount paid to the IRS after they have audited you and have requested the money be refunded?
this was from a previous years filing, they audited and it had to be paid back
Can you file your taxes from 2008?
You can file up to 2 years back taxes.
Can you get more money back on taxes then what was taking out?
Yes some time this can happen.
Can you get money back on your taxes if you pay for college out of you pocket?
It is only deductible if you are already in the field and can relate the courses to your current work. If you actually get money back on your taxes is an entirely different issue.
Can one state garnish your wages for back taxes in another state?
If the state where you owe back taxes gets a judgment against you, your wages can be garnished. This can happen no matter what state you live in.
What happens to my owed back taxes when I retire?
You still owe them. In the US, the IRS has 10 years to collect taxes.
How many years of back taxes before the IRS levys bank account?
7 years
If you receive a workers comp settlement but owe back taxes will they take your settlement away?
They won't take your settlement away but you should pay some of what you owe on your back taxes. This won't happen automatically.
Does back taxes get dropped off the books after 10 years?
I do not think so
How long does it take to get the federal refund back when you amend your taxes?
10 years
What would happen if you didn't pay taxes?
You would probably end up in prison. Or, you could be heavily fined, with added penalties, and forced to pay back taxes.
Can a lien be put on my house for back taxes on a mobile home that is in my name my house taxes are current?
Yes, your real property can have a lien put on it. The government will do everything they can to get their tax money.
