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HELP! I haven't filed taxes for a couple of years...
Non-sourced ^ | March 24, 2004 | Me

Posted on 03/24/2004 12:45:38 PM PST by Overseas Republican

Help! I am living overseas for several years, and have not filed income taxes during that time... I always meant to, but...

Anyway, I have never earned over the taxable minimum of some $70,000.00 before, so no taxes would have been payable as far as I know. But I think that I was supposed to file anyway... but haven't.

What should I do? Any ideas? Should I come clean to the IRS, and if I do so, will I be fined (remember, I wouldn't have paid any taxes anyway...)

I will make over this amount this year and so will file and pay any taxes due, but want to decide the best way to handle previous years, without shooting myself in the foot!


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Help!

Any hints will be greatly appreciated!
1 posted on 03/24/2004 12:45:40 PM PST by Overseas Republican
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To: Overseas Republican
You join today just to ask that question. Say goodbye!
2 posted on 03/24/2004 12:47:56 PM PST by mass55th
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To: Overseas Republican
BTW - I will be reading your responses, but not replying... I am posting this from an Internet cafe just in case! My mama didn't raise no fool!

I will reply in due course, but will read replies from home.

Thanks gang!
3 posted on 03/24/2004 12:47:58 PM PST by Overseas Republican
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To: Overseas Republican
Welcome to FreeRepublic
4 posted on 03/24/2004 12:48:17 PM PST by Eala (Sacrificing tagline fame for... TRAD ANGLICAN RESOURCE PAGE: http://eala.freeservers.com/anglican)
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To: Overseas Republican
Consult with a good tax lawyer first and foremost followed by a good CPA.
5 posted on 03/24/2004 12:48:29 PM PST by lilylangtree (Veni, Vidi, Vici)
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To: Overseas Republican
Ummm. The minimum is not $70,000...

That aside, if no taxes are due, then there is no tax and interest to worry about. There may be late-filing penalties. Go to the IRS website. www.irs.gov.

6 posted on 03/24/2004 12:48:30 PM PST by IYAS9YAS (Go Fast, Turn Left!)
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To: Overseas Republican
Welcome to FR.

I would talk to a tax specialist or tax lawyer, and take their advice.

Mostly likely you will have to file for all the non-filed years, pay any taxes owed, and penalties and interest on those payments owed.

On the flip side, you signed up on FR to just post this?
7 posted on 03/24/2004 12:48:56 PM PST by Johnny Gage (God Bless our Military, God Bless President Bush, and GOD BLESS AMERICA!!!)
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To: Overseas Republican
Find a tax attorney, come clean with the IRS, pay your dues and move on in life...
8 posted on 03/24/2004 12:48:58 PM PST by 2banana
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To: mass55th
No, I"ve been FReeping for years. But I"m not going to use my REAL screen name for that question. Nor my REAL IP address.

Awww, come on. The question is legit,and it will be an interesting thread for others too.
9 posted on 03/24/2004 12:49:08 PM PST by Overseas Republican
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To: Overseas Republican
try the irg.gov website
10 posted on 03/24/2004 12:49:17 PM PST by boxerblues
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To: Overseas Republican
Send me the money, I'll make sure it gets to the IRS.
11 posted on 03/24/2004 12:49:17 PM PST by Tijeras_Slim (Just once I'd like to get by on my looks.)
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To: Overseas Republican
Have no fear you might be OK.

I know of a few people who neglected to file for several years not one was ever in danger of jail. I have a friend who didnt file for nearly seven years. the penalies were expensive but he still got several thousand dollars back.

Get a good accountant and let him/her deal with it.
12 posted on 03/24/2004 12:49:29 PM PST by cripplecreek (Aye, fight and you may die, run, and you'll live...at least a while)
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To: Overseas Republican
Change your registration to Democrat and get elected to Congress. Then you get a bye. Ask Eleanor Holmes Norton about the details.
13 posted on 03/24/2004 12:49:46 PM PST by sphinx
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To: Overseas Republican
No, I"ve been FReeping for years. But I"m not going to use my REAL screen name for that question.

How about a hint?

14 posted on 03/24/2004 12:50:17 PM PST by Tijeras_Slim (Just once I'd like to get by on my looks.)
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To: Overseas Republican
You're so screwed.

Have a nice day!

15 posted on 03/24/2004 12:51:06 PM PST by Constitution Day
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To: Overseas Republican
You want us to tell you in a public forum to do what?

Cheat the IRS??

I knew trolls we're dumb but not as big of an idiot as you are.
16 posted on 03/24/2004 12:51:16 PM PST by philetus (Keep doing what you always do and you'll keep getting what you always get)
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To: Overseas Republican
Check first with a/your CPA for advice and then consult a tax lawyer - if needed. Never the other way around....
17 posted on 03/24/2004 12:52:10 PM PST by azhenfud ("He who is always looking up seldom finds others' lost change...")
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To: Overseas Republican
I don't blame you, and I don't know why others are skeptical. You need some help from a professional and that's not me. Hopefully, the professional will cost you more than any fines.
18 posted on 03/24/2004 12:52:25 PM PST by Eva
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To: Overseas Republican
You gotta find one of those tax attorneys that’ll handle an offer-in-compromise.

They advertise here on the radio all the time...

19 posted on 03/24/2004 12:52:31 PM PST by Who dat?
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To: Overseas Republican
Go camping. Forever.
20 posted on 03/24/2004 12:52:33 PM PST by jtminton (T.R.O.P. is tripe!)
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