answersLogoWhite

0

By filing your income tax return correctly and if someone else has done this you will receive a notice from the IRS asking for some information to prove that your information on your income tax return is correct.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Accounting

What happens to someone for not filing there taxes and claiming more dependents then they had?

they get taxed more and if they don't pay that then they get sewed


What if you havnt filed taxes in 8 years?

This depends on whether or not you had income during this time that would require that you file the returns. I recommend that you contact a good tax preparer in order for them to complete the returns for you and get them filed. Every year I have a few clients in the same situation and it is fixable. If you do not file your returns the IRS will complete them for you in the worst possible manner. The will be filed as single with no dependents and taxes, penalties, and interest will build up on the amounts due. You need to address this situation immediately.


Why do they take off so much taxes from someone who is single?

Because a single taxpayer under that age of 65 with no dependents is only allowed to have 9350 of income in the year 2009 and 2010 free of federal income taxes.


What happens if you have the wrong number of dependents on your taxes?

If you claim the wrong number of dependents on your taxes, it can lead to either underpayment or overpayment of taxes. Claiming too many dependents may result in a larger refund initially, but could lead to penalties and interest if the IRS determines you owe more tax. Conversely, claiming too few dependents could mean you owe more tax than necessary, resulting in a smaller refund or a tax bill. It's important to accurately report your dependents to avoid these issues.


How much money from taxes will be taken off my payroll I get paid 8.50 per hour I work?

The precise amount that will be taken from your payroll for taxes at $8.50 an hour, is determined by where you live and how many dependents you have. I live in Sussex, Wisconsin and I have no dependents.

Related Questions

What happens to someone for not filing there taxes and claiming more dependents then they had?

they get taxed more and if they don't pay that then they get sewed


When can I file taxes if I have dependents?

You can file taxes if you have dependents starting in January, once you have received all necessary tax documents.


If I claim 2 dependents on my taxes, will I owe taxes?

Claiming dependents on your taxes can reduce the amount of taxable income you have, which may lower the amount of taxes you owe. However, whether or not you owe taxes depends on various factors such as your income, deductions, and credits. Claiming dependents alone does not determine if you will owe taxes.


Do I have to claim dependents on my taxes?

You are not required to claim dependents on your taxes, but doing so may help you qualify for certain tax benefits.


Can 2006 taxes be filed with 2007 taxes?

No, each year has to be filed separately


Who do you call if someone hasn't filed thir taxes in years and owes child support?

How many years??


How do you know if you are up to date on 2009 taxes filed?

Filed 2009 State and Federal Taxes but was unable to print them out. How do I know if they were filed?


Are pet's considered dependents?

On your taxes? Unfortunately, no. (They should be though!)


Do you need the permission of under age people that live with you to claim them on your taxes?

Probably not. If they meet IRS rules for determining that they're dependents, then they're dependents; how they feelabout it is more or less irrelevant.The one tricky bit is this: if someone else claims them, then you can't. (The rules are kind of mutually exclusive on this anyway; if they qualify as someone else's dependents, then they can't really qualify as yours.)


Can you check to see if you filed taxes?

You can verify if you have filed taxes by checking your tax records or contacting the tax authority.


How do I know if I filed taxes in 2020?

You can check if you filed taxes in 2020 by reviewing your records or contacting the IRS for confirmation.


Is family planning allowance exempted from income tax?

There is a family planning allowance for families to be exempt on taxes. Taxes must be filed every year if someone is working.