Unfiled tax returns

Unfiled Tax Returns Can Be Stressful. How do I Find my filed tax return? How to correct a filed tax return? Can tax preparer efile their own return? Monitor return processing and other compliance activities.

Periodically request your account transcripts or contact the appropriate IRS unit to make sure that the IRS processed your return.

If the IRS took prior actions on the unfiled return (such as filing a substitute for return ), follow up to. Shortly after the New Year rolls aroun taxpayers experience the dread of tax season. April may seem far away, but the tax return deadline comes in the blink of an eye for the majority of us who wait to gather and submit our critical documents to the IRS.

To get current with the IRS, you first need to clarify your situation. Take inventory of your past tax years and identify how many returns remain unfiled. If you have more than six years of unfiled returns , you probably only need to file returns for the most recent six years, according to Policy Statement 5-133. File your past due return the same way and to the same location where you would file an on-time return.

If you have received a notice, make sure to send your past due return to the location indicated on the notice you received.

When you prepare your unfiled tax returns , you must use the tax forms for the year you are filing. Here are some options for obtaining past years’ forms: Visit your local IRS office. Confirm that the IRS is looking for only six years of returns. Contact the IRS directly to confirm the required unfiled years.

Beware, the IRS may have already filed a return for you. Even if you cannot pay the taxes that are owed with the return it isn’t that big of a deal. It is a big deal if you keep waiting longer and longer. If you file before the IRS contacts you and propose a tax settlement, then you can curb and possibly eliminate your criminal exposure. Below are the most common questions people ask me when dealing with years of unfiled tax returns.

Suddenly, you find yourself in the position where you realize you need to address the issue. Accountants often make this mistake and it often ends up costing their clients thousands of. Settle up to Less. Get Qualification Options for Free! Unclaimed funds from old bank accounts, unpaid wages, inheritances, etc.

Some people avoid filing their tax returns because they don’t want to pay taxes to the IRS. Find Out The Type Of Tax Relief You Qualify For. Other simply forget or don’t know they need to file.

Whatever the reason, having several years of unfiled tax returns can create problems whether you are due a refund or have a balance due to the IRS.

What if you have multiple unfiled back tax returns ? How many years back should you file to get in compliance with the IRS? Then, they have years to collect. So, after a long time the expiration of the limitations period may be imminent (years). But, if you file the returns the period starts afresh. If you have unfiled tax returns it is always better to file them - whether they’re a couple days or a couple years late — than to not file them at all.

If there are years of unfiled tax returns , it will take some time to get into compliance. Finding the records to prepare older returns can be a real problem. Because the statute of limitations is six years, a taxpayer may not have to file all of their unfiled tax tax returns. There is some good news. Do you have unfiled tax returns hanging over your head?

Quite often, catching up with past tax returns can be easier than you might have imagined. Certainly if you owe money on prior tax returns , this can be a difficult hurdle - but we can help you get over that hurdle and get the weight of worry off your back.