BIG IRS tax Problem... Please help?
Q.I need help with a tax problem. I hope some knowledgeable person can provide me with some solution I have a big problem and I am hoping someone will be able to help me out. My fiance has recently told me that she hasn't filed her tax return in 3 years. OK, we can take care of that, but here's the kicker. She had not realized that her company has not withheld federal or state income tax for the last 3 years! In other words, she has not paid tax on approximately 65K of combined income for the last 3 years. The strange thing is that in 1994 she had filled out a W4 withthis company correctly, claiming 1. She actually had her company send her a copy of her W4. So here we are, with a possible 20K+ problem. Any suggestions
A.In addition to resolving the income tax problem, she should check with Social Security and make sure that her earnings record is correct. I doubt that it is. As far as the taxes she owes, can she pay them? If she can't pay them in full, can she pay them over time? If she can't expect reasonable to ever pay them off, she should consider an offer in compromise. Download IRS Publication 594 for an overview of the collection process.If you have serious IRS tax problems and need professional help check out the new www.seneca.com/taxhelp we recently established for Robert Grossman Jr
Other Questions :
Anyone know of a (preferably spreadsheet based) simple IRS tax calculator that would give me a rough feel for tax liability?
Anyone know of a (preferably spreadsheet based) simple IRS tax calculator that would give me a rough feel for tax liability? I've had a look through this group's archives and on Google but, surprisingly, couldn't find anything current.Tax calcu...
Irs Tax Form 1040a_some questions
I have a form w2-g (gambling winnings) that I received from a casino in Biloxi, Mississippi. This form shows that $62.50 was withheld from the winnings for Mississippi state income tax. Mississippi is NOT my home state. My home state (NV) do...
what expenses are Tax Bracket Irs in 2007
As a new driver, I am curious as to what expenses are Tax Bracket Irs in 2007 Any experiencers or suggestions to me ?Taxes are based on income. You pay the taxes according to the tax bracket. The brackets go up to 28%. A person with an adjust...
How to complete a 2006 Tax Income Irs Table
This must have been done before, but for the life of me I cannot figure out how (for a cell that contains taxable income), to complete a IRS income Table taxes from a set of rules without VBA. Has anyone done this before. Income Is Over But No...
Phoned the IRS tax help people
Have two annuities,one purchased with taxed income,one with untaxed contributions,using the 1998 Irs 1040 booklet page 22"annuity starting date" and subsequent instructions,it seem I am told to use the simplified method in computing the taxab...