History of nonfiling;
Repeated contacts by the Service;
Substantial tax liability after withholding credits and estimated tax payments;
I think I may be OK here, felicicop.
― libcrypt, Monday, 14 April 2008 04:24 (sixteen years ago) link
I believe I may GET money back, since I ought have massive tax goodies from the fact that I'm now a homeowner.
― libcrypt, Monday, 14 April 2008 04:26 (sixteen years ago) link
Colleague of mine claims 15 deductions, to my 2.
― libcrypt, Monday, 14 April 2008 04:27 (sixteen years ago) link
I think i still need to pay last year's, too. Ah well.
― kingfish, Monday, 14 April 2008 04:49 (sixteen years ago) link
Suit yourself.
― felicity, Monday, 14 April 2008 04:54 (sixteen years ago) link
And although I did work in the Criminal Tax section of the DOJ, felicicop is not my name.
If you ask a question, please do not insult the people who answer.
― felicity, Monday, 14 April 2008 04:58 (sixteen years ago) link
Apologies, surely.
How many peeps did you arrest who were late by a month on filing, tho?
― libcrypt, Monday, 14 April 2008 05:35 (sixteen years ago) link
haha, no worries. They'll probably just ask you to surrender while you're at the County Clerk's office trying to get the tax lien removed from your house.
― felicity, Monday, 14 April 2008 06:05 (sixteen years ago) link
Surrender what? My anal virginity?
― libcrypt, Monday, 14 April 2008 06:17 (sixteen years ago) link
^^Man I wish I had a tasty record like this one back in the days I worked at Justice.
― felicity, Monday, 14 April 2008 06:19 (sixteen years ago) link
Not to brag this close to deadline, but, I've had my taxes done for the past three years through a program at UMASS. I'm sure one exists at every major college/university that has an Accounting major. The only requirement is that you're under $100,000.00, basically. And, whatever, if you're making that much money you should hire an accountant. It's a really good resource for people filing complicated tax returns, and the students get credit, and the more complicated the situation the better for them. Also, it looks great on their resumes.
So, for those who missed out this year, seek out this program at your local college/university! They will do the whole thing for you, help you find loopholes, FOR FREE! UMASS is still going to file tomorrow night (it's also a 4:30 - 7:00 Tues. - Thurs. program. You do have to wait in line when it gets close to the 15th.). But, whatever, they start offering the services in February. They also file extensions. This means nothing to anyone on this thread who's panicking - but, I'm just saying...think ahead and find some really good free options!
― aimurchie, Monday, 14 April 2008 06:24 (sixteen years ago) link
I ought have massive tax goodies from the fact that I'm now a homeowner
I was counting on this magical bonus but ended up owning over two grand. Granted the owing was based on screwed up withholding following job changes for me and the wife, but the homeowner thing didn't seem to shit for me regardless.
― joygoat, Monday, 14 April 2008 06:25 (sixteen years ago) link
^ to DO shit for me
Yeah, er, I'm kind of over $100,000.00.
― libcrypt, Monday, 14 April 2008 06:35 (sixteen years ago) link
I would file online except that I have an employed wife and a home, and I really don't want to fuck things up this year.
― libcrypt, Monday, 14 April 2008 06:37 (sixteen years ago) link
$100,000.00 isn't quite as fantastically rich as you might think it is, especially w/a huge mortage on a home in SF.
― libcrypt, Monday, 14 April 2008 06:38 (sixteen years ago) link
Yeah in the spirit of not fucking things up, just curious, why are you so reluctant to just take 20 minutes and sign and mail the extension? Even if your estimate is wrong, that can be fixed later.
― felicity, Monday, 14 April 2008 06:41 (sixteen years ago) link
The problem is that I have no idea how close to accurate the estimate has to be to pass muster.
― libcrypt, Monday, 14 April 2008 06:42 (sixteen years ago) link
I would still assume you would be able to hire an accountant. You probably hired a few people to help you close on that home.
Congratulations! It's a great place to live - sorry if my reccomendations weren't pertinent. xpost
― aimurchie, Monday, 14 April 2008 06:44 (sixteen years ago) link
Seriously, any retardedly wrong estimate is better than ignoring the filing deadline altogether. You would have until August to just pay H&R Block to sort it out.
― felicity, Monday, 14 April 2008 06:45 (sixteen years ago) link
Is it? The IRS is a big black box to me.
― libcrypt, Monday, 14 April 2008 06:46 (sixteen years ago) link
DUDE FUCKING GET A CLUE PUT DOWN THAT YOU OWE $20K AND DON'T BREAK THE FUCKING LAW
― El Tomboto, Monday, 14 April 2008 06:49 (sixteen years ago) link
jesus
― El Tomboto, Monday, 14 April 2008 06:50 (sixteen years ago) link
how much could you have gotten done towards making a better estimate all this hours instead of freaking about it?
i.e. listen to felicity!
― tehresa, Monday, 14 April 2008 06:51 (sixteen years ago) link
As salient as the emotion might be, I don't think I'm gonna invest in Angry Tom's Advice Cabinet this time o' year, y'know?
― libcrypt, Monday, 14 April 2008 06:52 (sixteen years ago) link
They really care about taxpayers declaring income, yes. If you know you made over $100,000 they would like you to tell them about that, yes.
xp THANK YOU TOMBOT. I've half a mind to start scouting out the government foreclosure sales in SF. Kind of nice up there.
― felicity, Monday, 14 April 2008 06:52 (sixteen years ago) link
1. blatantly break the law
2. adhere to the law in a half-assed fashion
WHICH WILL MAKE THE FEDERAL GOVT MORE LIKELY TO HATE YOU
OH I DON'T KNOW
― El Tomboto, Monday, 14 April 2008 06:53 (sixteen years ago) link
Look, all I want to know is what are the specific consequences of late filing. I could file electronically tomorrow. I'm just weighing my options.
― libcrypt, Monday, 14 April 2008 06:53 (sixteen years ago) link
Calm down Toms. I'm not filing YR return, now.
― libcrypt, Monday, 14 April 2008 06:54 (sixteen years ago) link
God you people are so invested in other folks' dramas.
― libcrypt, Monday, 14 April 2008 06:55 (sixteen years ago) link
Then you should pay someone to find out all about it for you!
― aimurchie, Monday, 14 April 2008 06:55 (sixteen years ago) link
Let's not open up that barrel full of drama right now, aimmy.
― libcrypt, Monday, 14 April 2008 06:56 (sixteen years ago) link
you are asking what the consequences are for breaking the law. like, in a big stupid way that you can still avoid. what in the fuck kind of advice did you want? the tax rate for your income is about 20%. Give or take a couple of thousand dollars, would you rather wait a few months for a refund or get audited?
― El Tomboto, Monday, 14 April 2008 06:57 (sixteen years ago) link
LESS TROLLING MORE FILING
(p.s. Does the house come with a static IP address?)
― felicity, Monday, 14 April 2008 06:57 (sixteen years ago) link
lol @ taxes makin people so heated
― tehresa, Monday, 14 April 2008 06:57 (sixteen years ago) link
I would estimate 19.5%
Not quite. I'm asking what kind of sedatives I can send you so's to keep you from having a heart attack, Tom.
― libcrypt, Monday, 14 April 2008 06:58 (sixteen years ago) link
troll
― El Tomboto, Monday, 14 April 2008 06:59 (sixteen years ago) link
If I were trolling you'd be on the floor clutching yr chest and punching 9-1-1 on yr cellie.
― libcrypt, Monday, 14 April 2008 07:00 (sixteen years ago) link
kind of hoping the IRS goes to town on your rich ass
― Dan I., Monday, 14 April 2008 07:03 (sixteen years ago) link
I'm sorry. I gave you an answer you didn't want. Here:
"it doesn't matter, you can file in july and nobody will give a fuck. I've done it ten times, I've never had a problem."
― El Tomboto, Monday, 14 April 2008 07:04 (sixteen years ago) link
I don't care if you and your wife go to jail or lose your house (unless it gets sold at foreclosure auction and is a really good deal).
I just prefer that you not swagger around setting a bad example for the impressionable youth of Ip3, crutis borad at al., whose promise-filled lives have yet to descend into a bitter death spirals of ignorance, apathy and, yes, moral turpitude.
xp
― felicity, Monday, 14 April 2008 07:05 (sixteen years ago) link
Lose my house? Heh. At worst, I get a fine. The only question is how big.
― libcrypt, Monday, 14 April 2008 07:07 (sixteen years ago) link
Well I hope the house comes with a static IP address because if it wasn't looking like willful a couple of hours ago, any last reasonable doubt in the mind of any government investigator has definitely been removed. Good job.
― felicity, Monday, 14 April 2008 07:08 (sixteen years ago) link
Oh, come on felicidrama. We all know that the gov't is far from THAT good.
― libcrypt, Monday, 14 April 2008 07:09 (sixteen years ago) link
i just have this 2 say 2 u
― KOOL-AID MAN, Monday, 14 April 2008 07:11 (sixteen years ago) link
smoke weed everyday
Oh yeah? Then how come this former government employee just cashed her giant refund check and you're still trolling?
xp Yeah why not
― felicity, Monday, 14 April 2008 07:13 (sixteen years ago) link
libcrypt is the graham of tax
― electricsound, Monday, 14 April 2008 07:14 (sixteen years ago) link
luriqua probably filed last week
― El Tomboto, Monday, 14 April 2008 07:16 (sixteen years ago) link
that's all I care about
― akm, Friday, 11 November 2016 22:49 (seven years ago) link
Yes, and I'm sure the Trump Administration will reduce funding to the IRS for examinations, audits, and enforcement as part of its starve the beast strategy.
― sarahell, Friday, 11 November 2016 22:52 (seven years ago) link
another article that only addresses a couple points of the plan
http://www.npr.org/2016/11/13/501739277/who-benefits-from-donald-trumps-tax-plan?
― sarahell, Sunday, 13 November 2016 22:10 (seven years ago) link