Comments on: What Happens if You Miss the Tax Deadline?

By: David

David — Sat, 30 May 2009 19:25:47 +0000

So I was actually going to file, had it all ready to hit the submit. I was going to receive over 1k in federal and state. But then I put it off, and when I went to file again, I couldn’t find the paperwork. I didn’t file for an extension either.
If I do this years tax work next year, then I will be okay or what? Will I lose all of it? I have never had a year where I had to pay, this is 15 years that I have been always overpaying.
thanks

By: Patrick

Patrick — Wed, 20 May 2009 18:25:09 +0000

Alcino: Here is some good information regarding filing taxes based on how much you earn: How Much Money Do You Have to Make to File Taxes?.

By: alcino

alcino — Wed, 20 May 2009 13:01:44 +0000

What happens if you dont have any income and even if you do its under the tax free threshold, do we still need to file a tax return?

By: DDFD at DivorcedDadFrugalDad

DDFD at DivorcedDadFrugalDad — Mon, 20 Apr 2009 12:06:39 +0000

A highly motivating post!

By: Patrick

Patrick — Mon, 20 Apr 2009 11:41:33 +0000

Income is supposed to be reported as it is earned in the US, but it isn’t always done well, especially when people are paid in cash. The US also has a lot of special rules and deductions people can qualify for, which can lower their tax bill. Unfortunately, the system is much too complicated.

By: money blog

money blog — Mon, 20 Apr 2009 04:41:40 +0000

Wow Denmark seems to have a very good way to track how much people are making in a year. I should read more about this

By: Patrick

Patrick — Mon, 20 Apr 2009 02:48:59 +0000

Casper: The majority of people in the US have to file taxes every year. It is based on how much money they earned (those who earned under a certain amount aren’t required to file taxes).

By: casper

casper — Sat, 18 Apr 2009 19:50:27 +0000

Scary post! As I am not a US resident I am curious of something, do all US residents have to physically file your taxes? (physically meaning paper, online and so on..). Just wondering since we, in Denmark, doesn’t have to anything. You recieve your “tax-report” for the year and that’s it, unless you need to change some of the information. So can anyone tell me if it is so or not in the US?

By: DebtGoal

DebtGoal — Fri, 17 Apr 2009 21:51:43 +0000

File for a tax extension ASAP. Make the tax payment as soon as possible, though, since the federal government charges interest on unpaid tax amounts.

By: Patrick

Patrick — Fri, 17 Apr 2009 14:44:22 +0000

Didi: I can’t say exactly how it will affect your return. Since you are receiving a refund, it probably won’t affect it much. For more information, I would contact the IRS or TurboTax. Best of luck.