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| *The Commerce Journal>>>Other Taxes |
How long does a person "owe" the IRS? |
I've heard that back taxes, for lack of a better term, fall off after 10 years...is this true? Once the IRS has levied a tax within whatever deadline applies for the levy -- generally 3 years from the filing deadline for a timely filed return unless fraud is involved -- they have 10 years to collect UNLESS the taxpayer agrees to a longer collection period. You're welcome. TFTP. Report It Remember this: two things are inevitable, death and taxes. The tax man never forgets or forgives, unless the grim reaper gets to you first. |
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If you filed a return this year you should get the rebate. If you didn't file a return last year or were a dependent you didn't get the mailer probably because of that. ...Since you owe, you will be hit with penalties for late filing (5% of the amount due per month or fraction thereof, mimimum of $100 & max of 25% of the amount due) plus penalties and interest fo... About 7-10 days. If I were you, I would keep enough funds in my account till the time the check shows up in your account. ...If nobody else claims the child, most likely nothing will happen. If another taxpayer claims the child, both tax returns will be flagged by the IRS who will investigate the matter. They will then ... Yeah you can amend your return with form 1040-X, and you should be able to claim a lifetime learning credit for 20% of the $900. So, $180 back. ...Do you really think that other countries are free from the burden of taxes? Having said that, to answer your question, do they file taxes yearly. The answe... I paid $34.95 on amazon for fed+state WITHOUT e-file. I had to do a 2nd state, so I had to pay another $30 for that. I didn't do efile as a protest. It would have cost me another $50+ for... An excise at the rate of $25 per one thousand dollars of valuation (effective 1/1/81) is levied on each motor vehicle. Information on the value of a motor vehicle is accessed electronically through... |
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