What if I didnt file my taxes this year?
Get a hold of your W-2's and any other information you might need (for instance, do your parents hold any bank or innvestment accounts in your name? Do you pay college tuition out of your own funds or through loans? Do you have any children? Get their Social Security Cards along with your own). Once you've gathered the information, go to a CPA. A local small practice will do just fine. Do it now before we get insanely busy. Now comes the good news, hopefully. If you owe nothing, you will not be penalized. If all you have is a job and you filled in your W-4 correctly, that is a likely scenario. So get yourself to an appointment ASAP and sort out 2005 before 2006 hits. Without knowing your status and personal financial situation, it is hard to give more specific advice. all I can say is that it is better to do it sooner rather than later. If you do owe, penalties and interest have been running for several months. they are charged on a monthly basis so it would be best to sort this out before the start of next month. Edit: Bruce G is wrong with the timeline. It is three years from the filing date (so you have until April 15th 2007 to file a 2003 return and get a refund. After that it is out of time) However, as you are going to file very soon, I'm sure, the poiunt is academic!
Who should claim my child on taxes?
Basically I'm 19 and this is the first time I'm filing taxes myself. Me and my child live with my grandmother (for now. Moving out with my boyfriend, the baby's father in a few months. Not sure if this matters or not so putting it in here anyways.) Basically, my grandmother is pissed to hell and wants to claim both me and the baby. We don't exactly get on good terms with eachother and I want to know how I should go about this. Should I claim her, or should she? I was never taught anything about taxes and I really don't want her jipping me of money since we're in the process of moving soon. Is she just trying to get every last penny off me before I leave?
Can I file my taxes if I didnt make 9,500?
if you are no longer a dependent of your parents, yes your non taxable income is $9350 but if you had income taxes withheld from the $6000 that you made you would want to file to get that back, it should be refundable to you file a 1040EZ, it is easy and very simple to do since you are reached age 19 unless you are in full time school, no, no one can claim you as a dependent
I'm 19, do I need to file taxes?
I'm 19. I'm not a college student, and I made around $3,100 this year. I don't live with my parents but they pay for my rent and bills. Would they be able to claim me a a dependant on their taxes?
Can i file my taxes independently at age 17?
That tax guy is incompetent. You are a dependent, ou didn't make enough to have supported yourself, but you'd get the same amount back either way, the amount that's in box 2 of your W-2.. And there's no reason he can't file yours, and if he's already been paid to file all of your, he should do it. And btw Jake is making up rules that don't exist. . A child under 19, or under 24 if a full time student, may still be claimed if they live with their parents as long as they don't make provide over half of their own support, and at under $5000 you didn't. There's no $3950 limit for a child who meets those rules. But Any Lynn isn't totally correct either - she too misstates the rules for claiming a child.
If I e-file my taxes on January 19, 2016, when should I expect to receive my refund as a direct deposit?
You can go on to the IRS website to check the status of your refund, the link is below:Where's My Refund? - It's Quick, Easy and Secure. You will need the following information:Social Security NumberFiling StatusExact Refund AmountAll of the information needed can be found on your copy of the tax return. This is a good site to check because you can see if there are any issues that could delay your refund.
How can I file an income tax return for AY 2014-15 in 2018?
For the sake of convenience, I’ll divide my answer into two categories - NORMAL case and SPECIAL case.NORMAL CASE :According to section 139(4), Belated return related to FY 2013–14 (AY 2014–15) could be filed till the end of 1 year from the date of relevant assessment year.Since for FY 2013–14, AY 2014–15 is the relevant assessment year, hence belated return could be filed till 31st March 2016.Hence in normal case, you cannot file your income tax return now.SPECIAL CASE :Section 119(2)(b) of Income Tax empowers the income tax authorities to accept the income tax return even after due dates in special cases. If the claim doesn’t exceed Rs. 10 lakhs, an application can be made to The Principal Commissioners of Income tax/ Commissioners of Income tax requesting to accept the income tax return.The application can be made only if the assessee needs a income tax refund or wants to carry forward his income tax loss. The refund must arise due to excess TDS and/or excess advance tax payment and/or excess payment of self-assessment tax.Time Limit - Application has to be made within 6 years from the end of the relevant assessment year. Hence for AY 2014–15, application can be made till 31st March 2021.
How do I file my income tax myself?
Greeting Friends !!!If you are going to file it yourself, then following is the procedure:-Before you start the process, keep your bank statements, Form 16 issued by your employer and a copy of last year's return at hand. Next, log on to http://incometaxindiaefiling.gov...Follow these steps:Step 1: Register yourself on the website. Your Permanent Account Number (PAN) will be your user ID.Step 2: View your tax credit statement — Form 26AS — for the financial year 2015–16 . The statement will reflect the taxes deducted by your employer actually deposited with the I-T department. The TDS as per your Form 16 must tally with the figures in Form 26AS. If you file the return despite discrepancies, if any, you could get a notice from the I-T department later.Step 3: Under the 'Download' menu, click on Income Tax Return Forms and choose AY 2018–19 (for financial year 2017–18 ). Download the Income Tax Return (ITR) form applicable to you.Step 4: Open the downloaded Return Preparation Software (excel or Java utility) and complete the form by entering all the details , using your all documentsStep 5: Ascertain the tax payable by clicking the 'Calculate Tax' tab. Pay tax (if applicable) and enter the challan details in the tax return.Step 6: Confirm all the information in the worksheet by clicking the 'Validate' tab.Step 7: Proceed to generate an XML file and save it on your computer.Step 8: Go to 'Upload Return' on the portal's left panel and upload the saved XML file after selecting 'AY 2018-2019 ' and the relevant form. You will be asked whether you wish to digitally sign the file. If you have obtained a DS (digital signature), select Yes. Or, choose 'No'.Step 9: Once the website flashes the message about successful e-filing on your screen, you can consider the process to be complete. The acknowledgment form — ITR—Verification (ITR-V ) will be generated and you can download it.Step 10: you can Verify online with EVC Pin or Take a printout of the form ITR-V , sign it preferably in blue ink, and send it only by ordinary or Speed post to the Income-Tax Department-CPC , Post Bag No-1 , Electronic City Post Office, Bangalore - 560 100, Karnataka, within 120 days of filing your return online.Its Advisable to go with CA help for filling Tax return. There are lots of amendment come in every year, to file accurate return and Tax planning benefit etc so Prefer to go with expert like CA, Tax Preparer etc…Be Peaceful !!!
I have not filed my tax returns from AY 2013-14, can I file from AY 2013-14 till AY 2018-19 now?
You can only file returns for AY 2018–19.Due dates for all earlier returns have expired. Hence forth, you can file only one return at a time.At any time in the future, if you get a notice for filing returns for previous periods, you may be able to file returns for previous periods.Please file returns for AY 2018–19 at the earliest.