Not Filing Taxes Penalties
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Question: What is the law about not filing a tax return when you owe nothing?
This question is just theoretical since you would be throwing money away. If the amount withheld from your pay is greater than or equal to your tax liability are there any criminal repercussions for not filing a tax return? All penalties are based on percentages of the amount owed. Please don’t just give me what you think. Please give me a link to the specific law and criminal penalties. Every law I can find is for not paying your taxes, not for not filing.
Many people say that the IRS says you have to file. I have seen that statement. My question is what happens if you don’t file. If you owe nothing can they send you to jail for not filing? All I am asking is to please point out the penalties.Answer: I just did my taxes and according to my accountant since I was to get money back from the year I did not file i cannot get into trouble. She said they wold come after me if I owed mony bu that the tax man doesn’t want to give money back unless it’s askedfor. Hopefully she’s right.
Tax-filing deadline not until April 18
Tax-filing procrastinators can breathe a little easier this year — three days to be exact.
Tax Tips & Information : Penalties for Not Filing Income Tax
