answersLogoWhite

0

It's never too late to file.

Just go ahead and do it now and don't worry about it. Interest and penalties if you owe anything just keep adding up for every day that you put off doing it. Getting them filed now will stop any more interest and penalties.

The following I've added from my blog, www.taxreliefsolutions.com

If you forgot to file your return this past year and you know that you're going to owe money to the IRS, it is in your best interest to file as soon as possible to avoid failure-to-file penalties. The IRS may file the return for you, which will never be in your favor. This is called an SFR- Substitute for Return. If you don't pay what you owe, keep in mind that on top of interest charged, you'll also have to pay failure-to-pay penalties, which can very quickly add hundreds or even thousands on top of what you owe.

Of course you may be in a situation where it is not necessary to file a return. The questions in my blog post at the link below, which come directly from the IRS website, will help you determine if you need to file a Federal Income Tax return.

Keep in mind that in many cases you may be eligible for a refund, so though it is not required that you file, it is in your best interest so that you can receive the refund.

Here is the link to see more detailed information...

http://taxreliefsolutions.blogspot.com/2009/06/did-you-forget-to-file-your-taxes.html

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

If you forgot to file a w2 which would have made you get more of a refund on your income taxes what will happen?

Simply file an amended return - a form 1040 X. Your refund will include interest on the excess.


What happen if you didnt do your taxes on time. and it was to late who can you talk to?

what happen if you don't do your taxes in time, and it was to late to file . who can you talk to? or how can you get in contact with that person, in order to get them done.


Do you have to file taxes if you are a student?

If you are 21 you have to file taxes


Have no money how do I file my taxes?

have no money how can i file my taxes


Can you file taxes if on walefare?

Yes you can file taxes if you are on welfare.


Can you file your taxes at the DMV?

No, you cannot file your taxes at the DMV.


Do you have to file taxes jointly with your spouse?

No, you do not have to file taxes jointly with your spouse. You have the option to file taxes separately if you choose to do so.


What should I do if I forgot to include a 1099 on my taxes?

If you forgot to include a 1099 on your taxes, you should file an amended tax return as soon as possible to avoid penalties or interest. You can do this by using IRS Form 1040X. It's important to correct any errors or omissions on your tax return to ensure accurate reporting of your income.


Can you file creditcards interest on your taxes?

can i file creditcards interest on my taxes


What do you do if you forgot to include the w-2 form when you sent in your taxes?

If you forget to include a portion of your taxes you can file an amended tax return. On your amended tax return, you can include your w-2 and you may receive more money back.


What are the consequences if I forgot to file for a homestead exemption in Indiana?

If you forget to file for a homestead exemption in Indiana, you may miss out on potential property tax savings. Homestead exemptions can lower the taxable value of your home, reducing the amount of property taxes you owe. It's important to file for this exemption to ensure you are not paying more in property taxes than necessary.


What is the best website to use to file taxes online?

The best website to file taxes is the IRS website. You can file your taxes for free on this site.