Haven't Filed Taxes In Years? What You Should do!
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- เผยแพร่เมื่อ 5 ต.ค. 2024
- Have you not filed your taxes in 3 years? How about not filed taxes in 5 years? What about not filed taxes in 10 years? I run through all of the scenarios, all of the things you need to consider, and steps that you can take!
#IRS #backtaxes
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This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.
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Let me know below if you have any challenges or need to get prior returns filed!
Message me pleaseeee
What if I dont know how to get my old w2s?
Please contact me I have my social security reported income from 1995 to 2018 that's all.my spouse was in charge of records and my eviction I lost everything due to e car ration.bail money that I actually dimissed 3x
Who do I call exactly at the state to find out my taxes withheld?
i havent filed in decades cuz ive been homeless or living in homeless shelters. But i am currently inheriting a $400k distribution. Question: Can I minimize my current income tax burden over the last 5+
years of poverty. Additionally, can i spread the estate distribuion over the next 5-10 years in order to further reduce my future tax bracket?
Something about your voice is calming 😌 It helps people not freak out.
💯 %
Wait six years, cross your fingers and hope for the best.... got it!!
Wait … what? What did I miss. If someone waits six years they are good? I didn’t pick up on that
@@cool_breeze_actual9643 ¹
@@aadams4714 ?
I haven’t filed for two years and was freaking out. But seeing in comments that people haven’t filed since 2010 I should be good 😂
Same hopefully we aight
Did you figure this out yet? 😂 same boat
Comments like this warm my heart. I stopped in 2020. Lets do this together.
@@xraceboyexsame here man, Covid just distracted me from filing because I was getting a refund and went through a rough patch. Now getting it all in order
@@trapabar19 I'm not getting anthing in order until they send someone with a gun to force it on me. I stopped filing on purpose when the govt created 60% of all the money that exists in a single day
So it's basically dangerous to work? Because some people are not good with money and they spend it like water and some people have drug problems Etc. This whole system is really despicable. People should keep their own money and the IRS should get real jobs like the people they steal the money from
I wanna get it all straightened out asap. I've been self employed for probably 6+ years!
Get ready for prison buddy!! Lmao jk we’re kinda in the same boat
@@rainypath96 how did it go
@@Randarrradara haven’t sorted it out yet lol fucc Uncle Sam
My ex husband was self employed he had to pay quarterly income taxes which robbed us off from savings. He was making over mid 6 figures but were living paycheck to paycheck trying to save and catchup paying taxes every 3 freaking months. Pain in the azz. After 11 years I got tired of it. Now I'm not paying anything so far...but making very little income not by choice but atleast I don't have to stress out about paying the government every 3 months. 😮
I haven’t filed since I switched over to 1099 and that was almost 6 years ago and I haven’t saved any of what I made for taxes and so far I’ve made $187,000 which will break 200,00 in another month that I haven’t paid taxes on.. and yes I know I’m stupid but I’m concerned.
lmk what happend
Great video. What I'm finding is, if you didn't file 2015 on time or before the 15 Apr 2016 deadline, even if you were due a refund, then file in 2021, the IRS will forward the return to examiners. They will, strip the return to bare bones, strip all dependent refunds or credits, and redo your tax for you. You'll owe 1000s of dollars more. You'll end up owing money at end of 15 Apr 2016. Then, the IRS will recompute all these late filing charge penalties. They will send you this whopping bill via registered mail that will shock you out of your seat. You can appeal it; but, appeals can't change or provide remission or relief from the law, even if you are poor, or on a limited/fixed income. You broke the law by not filing a return by the deadline. Where maybe you were owed $1800.00 tax refund, you now, after IRS examiners redid your return for you, you owe penalties of $15,000.00 in unpaid back taxes, and penalties for not filing on time and the IRS having to do your return for you..
this is what has happened to me. It is painful. And the $15,000.00 is only for one year. If you have other years, now you owe 10s of 1000s of dollars even if all years you were owed a refund. File your taxes on time. I thought I had a valid reason for suspending filing, then immediately wrote the IRS for help assist because no one at IRS was answering the phone--then thinking I did the right thing--wait for a reply-wait beyond the filing deadline. Foolishly up thru recently waiting for a reply. Don't get clouded or confused. File your taxes--ON TIME. It's the law. Even if you were owed a return. Not filing on time, the IRS is playing hard ball--it's against the law, even if you were owed a refund.
You should have gotten legal help. Defending yourself against the Gov in any preceding is foolish.
Taxes are actually not legal
LOL..... It's the "law" #USSA
In other words taxes are actually voluntary. I’ll be the one to say it.
#FACTS
It's hilarious how people complain about owing money to people who refuse to answer the phone. "I don't get it, I just can't seem to get a hold of anyone to send my money to!" 😂 dude why did you even contact them?
Very Good 👍 explanations for a lot of worries I’m facing
I haven’t filed since 2018 so I think I should be good. This was great advice my only concern is I don’t have 19 W2 just 2020 W2
I’m about to play the end of this vid on repeat 🤣
Hey man love your videos! I have not done taxes in about 5 years and also don't have my W2s because of a fire. And lots of other problems... my I need to get my taxes in order because I'm trying trying to get married to my fiance that is from a different country... I really would love some help ! Thank you and I hope we can chat soon!
Funny thing....there is no law that says taxes have to be paid to irs. There is a 50,000 dollar reward for anyone the can find it. No one has.
That's correct. Google 26 CFR 1.0-1 paragraph (d). TAXABLE YEARS ENDED AUGUST 16 1954.... almost 70 years ago!!
It's the music for me and thanks for the knowledge
Thanks for the info
Yeah I have not filed taxes for 10 years thanks for this info I need to talk a professional.
We can help you. Let us know.
If nothing has happened to you, you need to continue not filing
I was advised about the 6 year statute. But in order for an ideal IRS Offer and Compromise to actually be approved by the IRS internal process, I was then advised that actually, ALL back years must have been filed even though the IRS will not collect taxes for those years due to the 6 year statute.
Plus. Certain states still want ALL past years returns filed and their state taxes paid and could come after it as well, at any point in time, like when an estate probate triggers it.
How fun
So how many tax professionals are happy to take money to tell you that they have your back and "try" for an Offer & Compromise knowing full well it will be declined and the secondary option of an Installment agreement will be offered instead, because they don't actually want the extra hassle of filing more than 6 years? Or helping you with the work and guidance of reconstructing more than 6 years of past financial statements and filing? 🤔
Also I'm in treatment at this moment and I have months clean time will be here for a year .
Thanks! This was really helpful.
Thank you for the video, quick question are there any downsides to just paying the penalty and not filing taxes. I believe the irs calculations are correct.
I suppose that if you've haven't filed your taxes in years then that means that any hopes of ever obtaining any current and past stimulus checks issued to the public over the years or applying for an E.I.D.L grant is out of the question ?... Please say it ain't so.
Following
It's been 20 years...
I haven't filed since 2005 because in 2004 I filed my tax return in new Mexico and they sent my check to a man in Colorado, I reported my identity stolen and I got no help for one year more I fought it with no help I got frustrated and I decided to not file anymore I felt that if they werent going to help me then i was gonna be non compliant , but now they are asking i pay them 8,000 dollars i dont know what to do, i akso didnt recieve neither one of my stim checks, can anyone help me , i been in this mess and can't find a way out since 2004 and its driving me crazy, someone pkease help
people need to be helping those who can't understand it. some are mental etc. -here a little reminder for people who think helping them is bad.-those same people in Los Angeles lost their homes thinking like you. Now they're homeless and they have nothing to show for what they had. and more and more people are becoming homeless. So don't look down on the homeless. give a hand. a blessing and some cash. what goes around comes around in mysterious ways. I have little-but I do give.
What law is it that says we have to pay tax?
The income tax was started as a way for the federal government to collect money to pay for World War I.
I’ve been a victim of identity theft, and each year (since 2019, for 2018-21 taxes) my returns get rejected since the theft. I can’t sign into my account or anything however I don’t want to get in trouble 😂
I live in italy and haven't filed since 2010. I tried a couple of times and it became so complicated because of fatca.
Thanks for the great advice!
This guy gives some pretty good key points like time frames in which you can file before things drop off. BUT he doesnt tell you how to fix the issue. All he really says is reachout to his company and let them do it for you.
If you're trying to find your IP number, simply go to the IRS.gov website, go through all the verification processes it has you do, then once youre logged into your IRS account, go to the help searchbar and type IP. Scroll until you find "How to get my IP". Find the option most suited for you and itll give you a link that'll bring you straight to your personal IP. (its the number in green at the very top.) Hope this helped!
Why would I ever voluntarily do anything for/with the IRS? Im not doing any of that, and continuing to not even bother filing with them, and continuing to hear nothing about it from any agency or govt
Based on the music he chose for the Outro he’s in the mood for a Swisher LMAO!!!!
Also I'm in treatment at this moment and I have months clean time will be here for a year
Very helpful info!!
That outtro! Subbed
Terrific video. Thank you.
Helpful -- thank you!
I need advice to where even start!!----been homeless, I haven't filed for about 10 years, I have no paperwork saved from places I've worked (w2s), and no checking/savings account...I would really appreciate a suggestion for where to start
You don't need to file taxes if you haven't made that much. File after you make over 20000 or more and go from there.
I'm the same. Homeless, no id, no bank account, t4s n t5s in storage can't get to right now. I finally have internet access and a p.o.box.
People who are homeless still work.
@@mightynathaniel5355 would 600 be enough to be worried about
What if you have 'nothing' to file, period. No income at all?
Thanks this helped me a lot
Sole proprietor & haven’t filed in 4 years…what’s my best option to catch up im scared I’m in so much debt I won’t catch up
I've been told that the franchise tax board normally will go with IRS determinations however in my situation after the IRS declined to pursue me for a very large sum, state of California came in and took all of my money. Is this normal or is it what it appears to be which is some kind of twisted persecution agenda?
I live in Kentucky. I've been filing "exempt" for years, and never filed taxes. I'm currently going through the process of trying to get my disability, and wanting to file for early retirement. I seen once I file for retirement I have to show my tax statements which I don't have. How do I go about doing this?
Photoshop. Duck em
I have done not one of w2 form. Since 2016 I have had 2 jobs I never did them.
haha! you're funny! LOVE YOUR JOKE ABOUT 50 Cent! Candy Shop! haha
Well shit... I might need to call for transcripts from 2016 to 2021...
Yeah, it's that bad, I need me a Andy Dufrense.
We can get them for you right away. Let us know.
I you can call and have them IRS mail it I had to I just filled last year for 6 years
How about if nobody shows up at your door - you just continue not to file
I'll go to jail soon i have 65,000$ and my home it's not want to Sale ! I feel so lost i can't do anything my son and my daughter is won't do anything for me even i was feed them .. school .. water .. clothes ... Anything they was want they not even want to open my calls ! Maybe i will miss them when i gone ..
We can help you. Let us know.
It's a pain I just don't file don't make alot you will be fine
Whats the price for getting caught up on 7 years of taxes... W2
hello , great video
should i file from the oldest to the most recent? or 2020 then 2019,2018
It turns into a vicious hole a vicious cycle ......
I'm on disability how do I file
Thank you for this video because I didnt file 2014-2018. I had two college students/ dependents and didnt think I could claim them and never did file those years. But I just recently found out that I could have claimed them. And I read online that you can not e-file back taxes. And that it has to be mailed to them. Is that true?
Thank you for the good information. Want to ask wat all taxes do you pay if you a 1099 worker?
What about living abroad? Is there software that can be used to file back taxes while abroad?
I’m 23 and when I was 21 my mom stopped claiming me and since then I haven’t filed any taxes…
I had this one job that paid me 800 a week in cash but then they started giving me checks..
Am I fucked???
Now it’s 2023 and I work a normal job that pays the taxes for me so In reality I owe 2 years
Thank you for your help
I got a cp2000 from irs 2018 I did pay it but now I have to figure out how to firgure out how to handle Montana state what forms do I need to send them? Thank you
Hi there, feel free to contact us at support@nguyencpas.com
I haven't filed taxes in like 12 yrs because I was in a dark place at that time drugs alcohol you name it I didn't care but I filed this yr 2024 and I was going to get back 1495 back but they sent me a letter says that it's under review I'm really scared
What if I didn’t file for my tax returns in 2019 because I had lost a W2 form from a previous employer? I was only employed for a month or so and then left. I no longer work there. Do I call that company’s HR or the IRS themself? HELP PLSS
You can go to the IRS office and talk to them. They have a form that they will send the copy of your w2s I believe. I forget what the form is called though.
We get your transcripts for you. Let us know.
I havent done my taxes in 4 years after my divorce, but i dont owe anything back, i just need to file them and im not sure they have a penalty fees or something for it, the reason i didnt file is just pure laziness after the 2nd year
Is there a form to fill out to Break the contract for paying this corrupt taxes ??
Once you do it they own you don’t don’t it land of the Free
What if there is not w2 or 1099? For mora than 10 years
Havent filed taxes for more than 10 years. Can you help with filing taxes? I just want to start filing.. will pay the work cost
Hey there. If you actually need help in getting your tax refund
Message
On
Instagram
I assure you he'll help you out
What if you haven’t filed taxes in for five years because you’re earning was under 10,000?
Then no worries. But you might be leaving money on the table
I had my son when I was 20 and lived with my mom so I could take care of him, I was unemployed till I was 22 than 23-24 I didn’t have any legit job that gave me any tax forms so I couldn’t file. I never made over $12k in a year and was barely getting by. Now that I’m 25 I have started a lawn care business and I’m going to file taxes this year for the first time in years due to my situation. Will I owe money if nothing was ever reported to them? The one job I had for those two years was under the table because the employer was doing things wrong
Are you sure on the 6 year thing? As far as I understand it until a return is filed it can be collected on forever. If you never file then technically you could get something in the mail 10 or 20 years later. Not to mention not filing is a crime so you could get get into legal trouble if the IRS decided to go after you for tax evasion due to unfiled returns.
I don't know about tax law, but let's say the 6 year statute of limitations is true, once the 6th year passes, they can not go after you. If that's how it works of course.
This is not legal advice. I also do not know why this was in my recommended videos.
doesn't statute of limitations start from filing date
That's my question too.
@@chrisrodriguez2994 did you figure it out?
Thank you! I have a question I am doing my brother in laws tax and he has tax due lastyear $4000
He said he hasn’t filed any tax and IRS sent him letter with $4000 due, do I put any of this this year?
I don't play with File my Taxes I always file every year .Don't care if am little late .
My tax guy never filed my taxes. He said he filed for extension in 2021 do to his own needs then weeks later said it was done and I paid him $20,000. Yes a lot but I made a lot.
This year I did my taxes myself as I had nothing complex and when I was retrieving my AGI for 2021 to verify my identity and the IRS site says I never filed taxes in 2021!😮.
Now what?
Sue him
I would start building a paper trail of all communications around this and hire a Tax attorney ASAP (yesterday). Hope this works out in your favor 🙏🏼
I know a friend who haven’t paid her taxes for over 16 years in her pub business in Japan.. but last year she filed her tax application because she wanted to get a financial support from the government cause of Covid-19 ( she hired professional tax man ) and she received 2,000,000 yen..isn’t this unfair?
What about when the irs takes your passport
i worked overseas for 20 years and the irs says they dont have them for about 10 of the years and and 1000s in returns i never received .. im told that if i refile the irs will send my data to the SS administration.. im hoping that is correct
If you have a buisness and havent paid or filed, yes your screwed. Built if your getting fed and state taken out with 0 dep, but havent filed you OWE NOTHING.
It has been twenty two years l do not live in The U.S
does this apply for crypto also?
Can tps holder file federal taxes as resident?
Does anyone know how long taxes have to be filed to be current for Kentucky? The taxes have been paid through work but not filed. How many years back do I need to be current? 4 or 6? Federal taxes are paid and fine. I didn’t even owe any for ky but one year and was like $30. I need help someone .
Hi im on a fixed income SS pension. 15k yearly. But i am in a title with tenancy in common vested 5 percent only. Am i required to file tax? i dont pay the mortgage. thank you,
Nobody is required to file taxes. The people who do are the ones who screw the rest of us
The IRS sent me a letter saying I was under a 60-day review it's the end of the year of 2020 and I still haven't received a refund can you help me?
We can help you. Let us know.
Hi do you still do taxes? I need help with filing 9 or 10 years i had a hardship in 2013 or 2014 garishment for credit card 15,000 it was triple the amount i left it. What can i do now? Can i set up payment plan or installment I'm not sure on what's next. Could you really help me with the irs please.
Thank you"
Nicole
Hey Nicole. If you actually need help in getting your tax refund
Message
On
Instagram
I assure you he'll help you out
Wat If u don’t want the taxes or anything to do with it?
Hi, my question or concerns are about refunds from our taxes since 2019 to 2021. With that being texted, my husband and I got married in 2019 before we had to file our taxes but when we did file in 2019 we filed separately. We filed online and then it pop up that it would be best that we filed jointly so we did and from that point on we've haven't received any refunds and it's now time to file for my 2022 so at this point I haven't any clue on what to do next. I hope that you could help or at lest point us in the right direction where we can get so help in the state of Ohio, Cincinnati to be more accurate. Thank you.
What to do if l never filed since l left the U.S.A that was twenty two years ago
Do you work outside of Colorado? I'm in Massachusetts.
What happens if you had no income
We missed all our stimulus checks cause we haven’t filed in three years cause we are confused when we moved half way through the year
Can't you still file your previous return and get your stimulus in 2021 for 2020
Are you still in Colorado? I'm looking for someone to talk to about this!
Do you work with individuals and corporation all over the country?
I haven't filed in 7 years what steps should I take to get this caught up?
Don't lol
Cute 50 Cent reference!!! 🍭🍭🍭🍭🍭
What is this dude talking about? Don’t pay taxes for 6 years and you’re good? Can anyone explain this?? That doesn’t sound right. Why would anyone pay taxes then?
Need help on my taxes ASAP
I can help you on that
My parents stop filing in the mid 2000s. My mom died in 2013. My dad is past retirement age and keeps working because of this. Any advice would be appreciated.
Hey Ryan, how many years of tax experience do you recommend before starting one's own CPA firm. I just passed the exam.
I would get at LEAST 2 years of experience first, whether it's doing tax returns for friends and family or working in public or something. That experience is really beneficial!
Need help asap haven't failed in the last 10yrs 1099
I'm sooooo scared
We can help you. Let us know.
How do I schedule consultation with you?
I don't do my taxes for 3 years. Can I do 2021 now. Sir.
Who should I seek out for help if I haven't filled in years?
Nobody. Continue not sending your money to criminals who already have functionally infinite money. You're doing the right thing
I need help with my taxes can you help
We can help you. Let us know.
How can I get in contact with you?
Check out our website, nguyencpas.com