| If you have unfiled tax returns you need to do | | | | Now that you know the years that you have to file |
| something about this right away. You don't have | | | | tax returns for, you can begin to collect the documents |
| anymore time to wait. The longer you put this off the | | | | that you need to do so. This includes your W-2's, |
| better chance there is of the IRS finding out, getting in | | | | 1099's, receipts for deductions, etc. If you do not have |
| touch with you, and making your life miserable. Believe | | | | this information you can contact the IRS for copies of |
| it or not, unfiled tax returns can result in large fines or | | | | your W-2 and 1099 forms. You may not have any |
| even criminal charges. Do either one of these sound | | | | other documents. This depends largely on how long |
| fine to deal with? Of course they don't. This is why | | | | ago the information is from. It will be easier to deal with |
| you need to know what to do about back taxes | | | | an unfiled tax return from last year than from three |
| before they really get you in trouble. | | | | years ago. |
| The first thing you should do is organize your | | | | If you have any questions or are stressed about |
| information. How many unfiled tax returns do you | | | | dealing with unfiled tax returns you should hire a |
| have? Is it only for one year? Or do you have several | | | | professional. This is going to cost, but they can handle |
| years' worth of returns that are not filed that are | | | | each return with accuracy and efficiency. |
| bogging you down? Even though it may be hard to | | | | Now that you know what to do about unfiled tax |
| deal with, you have to file every return separately; this | | | | returns there is nothing holding you back from |
| is what the IRS wants. | | | | completing them. |