General Question

WakeUp's avatar

Where can I find out more about filing Taxes?

Asked by WakeUp (424points) January 1st, 2009

Say you are someone who left home before 18, had a bunch of odd jobs and has a little bit of money in the bank, but has never filed income taxes before. You are now 25, and wanting to file for the first time so you can buy a house, and begin accruing wealth.

Should you be prepared for a raping when you file for that first time? What are the rules?

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6 Answers

Snoopy's avatar

If you haven’t paid and you owe, I wouldn’t consider it a “raping”. I would look at it as paying what you owe….?

As to where you can get help….I would avoid the H&R Block type places and look for a CPA that is recommended to you (if you can afford this….)

If this isn’t an option, I would look for free or low cost tax assistance through a non-profit organization.

You may have to get creative in contacting people to find help. I would see if there is a local professional CPA organization in your area and contact them to see if they know of a group or organization who would be willing to help you….you might also try the local legal aid society for a reference. It may take a few phone calls.

You are smart to get this straightened out…

AstroChuck's avatar

I wouldn’t mind paying my taxes if I knew they were going to a friendly country.

kevbo's avatar

If you’ve had more withheld than you owe, then you probably have nothing to worry about. You’re simply delinquent in filing for your refund. (If you owe, then there’s a penalty for filing late.) Your employer sent the IRS about what the IRS thought you would owe by the end of the year. In my experience, that number is always more than what you actually owe based on your adjusted gross income. So probably you are owed money. (This is assuming you were paid above board and that you claimed the “proper” number of exemptions on your W-4 or whatever.)

One place to find out what you’ve earned that’s on record is the Social Security Administration. They can provide you with your “total income” (again what is on record) for every year that you’ve been employed.

irs.gov is another resource, which includes a list of vendors who will let you file online for free.

Not to go dark side of the force on you, but I also recently finished reading an interesting tomb on the issue called Cracking the Code (available cheaper elsewhere), which purports that we are tricked into believing we owe on an unconstitutional tax through a giant apparatus (the IRS) of obfuscation, intimidation and manipulation.

Sadly, Astro, the author confirms that the income tax does apply to mailmen and other Federal employees, but to no citizen who does private, non-Federal business.

AlfredaPrufrock's avatar

You haven’t filed income taxes for the last 7 years?

AstroChuck's avatar

That’s okay Kevbo. I just did my taxes and I’m getting $200,000 back.
And people say you can’t do your own taxes.

asmonet's avatar

Why didn’t you file for the bigger chunk of a decade?

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