Top Questions That People With Unfiled Tax Returns Usually Ask
There are some people who haven’t paid the taxes that they owe to the tax bureau. What about those people who have never ever paid their dues to the tax collectors? So many wonder about what will be the statute of limitations for unfiled tax returns. So just like some criminals that have murdered or raped someone and these people who have what we call statute of limitations, can we verify the statute of limitations for those people who have never filed taxes at all. There might be some people that are still not sure about the amount they have to pay in the government after they have gone bankrupt. Just because they have skipped paying their dues to the government for a long time, people are not that courageous enough because of fear that they will go to jail.
The taxes we file in the government and the common questions we might ask the bureau will be answered within this article.
1. Supposedly, I didn’t file any tax returns for many years already, does it mean that I still have to pay for those years that I skipped?
Since the technology for the past years have been better, it would be a good thing to know that sometimes you can do some negotiation once there is no (SFR) filed against you however if there is an existing amount for you to pay then you can’t just ignore it or else you will have to spend some time in court.
Do I really to pay for my taxes or shall I file my tax revenue despite of the fact that I’ve been bankrupt and I don’t have enough money to pay for it?
If you fail to file your tax revenue then you can go to jail if discovered so you must really file it. There are some cases when this situation becomes a favorable factor in your life since you may e included under those taxpayers with Reasonable Collection Potential (RCP).
Is it still okay if I get a new passport or if I renew my existing passport despite of the fact that I still have to pay for my taxes?
Once you have an existing balance with the tax bureau, you can still get your passport however if did violate some of the rules of the IRS, they might have your passport cancelled. Just follow the rules and pay what you owe to the tax bureau first so that there will be no more existing violations and you can have your passport back.
So what are you waiting for?
Source: Tax Return