- Specifically, you have up to three years past the original tax deadline to claim a refund you’re entitled to. So, you can file your 2016 tax return any time before April 18, 2020 (October 17, 2020, if you have an extension), although I’m not sure why anyone would want to wait.
Can I still file my 2016 taxes in 2020?
To collect refunds for tax year 2016, taxpayers must file their 2016 tax returns with the IRS no later than this year’s extended tax due date of July 15, 2020. For 2016 tax returns, the window closes July 15, 2020, for most taxpayers.
Is it too late to file my 2016 tax return?
It is not too late to file your 2016 taxes. You will still be able to receive a refund if applies, if you owe, however, IRS very likely will impose penalty and interest on your balance. To file 2016 taxes, you will need to use the desktop version. You cannot e-file but can print and submit by mail.
Can I still file my 2016 taxes in 2021?
Yee today announced an extension to May 17, 2021, for individual California taxpayers to claim a refund for tax year 2016. With the postponement, individual taxpayers who are due a refund may now file their return for the 2016 tax year no later than May 17, 2021, to claim their money.
Can I still file my 2016 taxes in 2019?
You can still file 2019 tax returns File your 2014, 2015, 2016, 2017, 2018, 2019, and 2020 tax returns.
Can you get IRS refund after 3 years?
In most cases, an original return claiming a refund must be filed within three years of its due date for the IRS to issue a refund. Generally, after the three-year window closes, the IRS can neither send a refund for the specific tax year.
Is it too late to file taxes 2021?
The federal tax return filing deadline for tax year 2021 was April 18, 2022: If you missed the deadline and did not file for an extension, it’s very important to file your taxes as soon as possible. Filing with TurboTax is fast, easy and guaranteed to get you the biggest refund you deserve.
How early can you file your taxes 2021?
The IRS officially began accepting 2021 tax returns on Jan. 24, but don’t fret if you haven’t filed yet: Many of us haven’t yet received all the documents we need. The general deadline for filing your income tax returns is Monday, April 18. 1
Can I still file my 2018 taxes in 2021?
Time matters with tax refunds April 18, 2022 is the last day to file your original 2018 tax return to claim a refund. If you received an extension for the 2018 return then your deadline is October 17, 2022. You also lose the opportunity to apply any refund dollars to another tax year in which you owe income tax.
Can I still file my 2015 taxes in 2021?
Remember, prior year tax returns cannot be electronically filed anywhere. You can e-file your 2021 Tax Return on time here on eFile.com until April 18, 2022. If you owe taxes, you might be subject to late filing and late payment fees if you wait until after the deadline to e-file your return.
How many years back can I get a tax refund?
Generally, you have three years from the original tax return deadline to file the return and claim your refund. After three years, the refund will go to the government, specifically the U.S. Treasury. Don’t miss out on the refund that is due you!
How many years can you go without filing taxes?
There is generally a 10-year time limit on collecting taxes, penalties, and interest for each year you did not file. However, if you do not file taxes, the period of limitations on collections does not begin to run until the IRS makes a deficiency assessment.
Can I still file my 2017 taxes in 2021?
The IRS estimates 1.3 million taxpayers did not file a 2017 tax return to claim tax refunds worth more than $1.3 billion. The three-year window of opportunity to claim a 2017 tax refund closes May 17, 2021, for most taxpayers.
Can I still efile my 2016 taxes electronically?
The IRS allows electronic filing of tax returns for the current tax year only. Prior year returns can only be filed electronically by registered tax preparers, and only when the Modernized e-File System is available.
What happens if you don’t file taxes for 3 years?
Penalty Truth: After three years, you can no longer claim a tax refund for that year, but you may still file a tax return. However, if you owe taxes, you’ll need to file your return as soon as possible as well as owe back taxes and penalties (late filing penalties for each month your return is not filed).
Filing Past Due Tax Returns
Prepare and file all tax returns that are required, regardless of whether or not you have the ability to pay in full at the time. File your past-due return in the same manner and at the same place as you would a timely-filed return if you were late. Please be sure to send your past due return to the address shown on the notification you got if you have received one.
Why You Should File Your Past Due Return Now
File your past-due tax return and make your payment as soon as possible to avoid interest costs and late payment penalties.
Claim a Refund
If you don’t file your return, you run the risk of losing your refund. The IRS requires that you submit a tax return to claim a refund for withheld or anticipated taxes within three years of the return deadline in order to be eligible for the refund. A right to claim tax credits, such as the Earned Income Credit, is subject to the same limitations as other rights. Our records reflect that one or more income tax returns are past due in circumstances where we have a refund of income tax refunds on hold.
Protect Social Security Benefits
If you are self-employed and do not file your federal income tax return, any self-employment income you earn will not be reported to the Social Security Administration, and you will not be eligible for Social Security retirement or disability benefits if you do not file your federal income tax return.
Avoid Issues Obtaining Loans
If you fail to file your tax return, your loan approval may be delayed. When you wish to purchase or refinance a house, acquire a loan for a company, or apply for federal financial aid for higher education, you must provide copies of your filed tax returns to financial institutions, mortgage lenders/brokers, and other third-party organizations.
If You Owe More Than You Can Pay
For those who find themselves unable to pay what they owe, you can seek an extra 60-120 days to settle your debt in full by completing the Online Payment Agreement application or contacting 800-829-1040; there will be no user fee assessed. For those who want additional time to pay, you can request an installment arrangement, and you may also be eligible for an offer in compromise.
What If You Don’t File Voluntarily
If you fail to file your tax return, we may file a replacement return on your behalf. It is possible that you may not obtain credit for deductions and exemptions for which you may be eligible if you file this return. We will send you a Notice of Deficiency CP3219N (90-day letter) suggesting a tax assessment in response to your Notice of Deficiency. In order to file your past due tax return or to file a petition in Tax Court, you will have 90 days to do so. If you don’t perform one of these things, we will proceed with our planned evaluation nevertheless.
If you discover that any of the revenue figures given are erroneous, you may take the following action:
- Please contact us at 1-866-681-4271 to inform us of your decision. For a corrected Form W-2 or Form 1099, contact the payer (or source) of the money. When you give us your completed tax returns, please include the revised forms as an attachment.
The filing of a replacement return by the IRS does not change the fact that it is in your best interest to file your own tax return in order to take advantage of any exemptions, credits, and deductions that you may be eligible to receive.
In most cases, the Internal Revenue Service will amend your account to reflect the right statistics.
Collection and Enforcement Actions
Tax bills will be generated as a result of the return we prepare for you (our suggested assessment), which, if left unpaid, would begin the collection procedure. This can entail steps such as garnishing your earnings or freezing your bank account, as well as the filing of a notice of federal tax lien. It is possible that you will be subject to additional enforcement actions such as increased fines and/or criminal prosecution if you fail to file on a consistent basis.
Help Filing Your Past Due Return
To get assistance with your file, contact 1-800-829-1040 or 1-800-829-4059 for TTY/TDD. If you require salary and income information to assist you in preparing a past-due tax return, complete Form 4506-T, Request for Transcript of Tax Return, and check the box on line 8 of the form. You can also get in touch with your job or other source of income. If you want information from a former year’s tax return, you can obtain a return or account transcript by contacting Get Transcript. Take advantage of our online tax forms and instructions to submit your past-due return, or place an order by contacting 1-800-Tax-Form (1-800-829-3676) or 1-800-829-4059 (TTY/TDD) for more information.
For further details, please refer to Free Tax Preparation for Qualifying Taxpayers.
Already Filed Your Past Due Return
It is your responsibility to submit us a copy of your past-due return to the address specified in the notification. An correctly filled past due tax return takes roughly 6 weeks to be processed by our team of tax professionals.
Topic No. 301 When, How, and Where to File
In the event that you submit your federal individual income tax return on a calendar-year basis and your tax year ends on December 31, the due date for filing your federal individual income tax return is typically April 15 of each year. Your tax return is due on or before the 15th day of the fourth month after the closure of your fiscal year if you utilize a fiscal year (a tax year that ends on the last day of any month other than December). If your due date falls on a Saturday, Sunday, or legal holiday, your due date will be shifted to the next working day to accommodate the holiday.
- on April 18, 2022, the tax return for the year 2021 is due on April 18, 2022.
- Your return is deemed timely filed if the envelope is correctly addressed, contains sufficient postage, is postmarked, and is put in the mail by the due date on the tax return form.
- You will subsequently get an electronic confirmation from the Internal Revenue Service confirming that your electronically submitted return has been approved.
- You normally have at least 180 days after you leave the authorized war zone/contingency operation to submit and pay your taxes, unless otherwise specified.
If the Service determines that you have been harmed by a federally declared disaster, a significant fire, or a terrorist or military action, you may be able to file and pay your taxes up to one year after the due date of your return, depending on the deadline specified by the Service, depending on the deadline specified by the Service.
- Form 4868, Application for Automatic Extension of Time to File a U.S.
- Any amount that is not paid by the normal due date will be subject to interest charges up to the day the tax is paid in full.
- The Form 4868 must be filed in order to gain an automatic 6-month extension of time to file your tax return.
- Because an extension of time to file is not the same as an extension of time to pay, you will be subject to interest if you do not pay the tax you owe by the original due date of your return.
- Extending the Deadline for Filing a Federal Tax Return or Determine Whether I Am Eligible for a Tax Extension are some resources for more information on extensions.
See alsoExtension of Time to File, What Is the Due Date of My Federal Tax Return or Determine Whether I Am Eligible to Request an Extension? and Topic No. 304 for more information.
How to file
It’s possible that you’ll wish to file your tax return electronically. You’ll typically receive your refund within three weeks of the day on which the IRS receives your return; if you choose to have your refund immediately deposited into your checking or savings account, you’ll receive it even faster. Most professional tax return preparers include electronic filing of tax returns as part of their return preparation services; however, they may charge a fee if you want to file your tax return this way.
You may, however, be eligible for free electronic filing with Free File provided you meet certain requirements.
Form 1040 or Form 1040-SR on paper will take six to eight weeks to be processed if you mail them in.
- Documents W-2 and any other appropriate forms (for example, Form 2439, Notice to Shareholder of Undistributed Long-Term Capital Gains) should be attached to the front of your return. Related schedules and formswill be placed behind your return in the order of the sequence number located in the upper right-hand corner of the schedule or form
- Form W-2c (if a corrected Form W-2) will be placed behind your return in the order of the sequence number located in the upper right-hand corner of the schedule or form
- And Form W-2c (if a corrected Form W-2) will be placed behind your return in the order of the sequence number located in the upper right-hand corner of the schedule or form. Attach a copy of your original Forms W-2 as well as any Forms W-2c
- Form W-2G and Form 1099-R if any federal income tax was withheld
- And Form 1099-R if any federal income tax was withheld.
Signing the return – For information on how to sign an electronic return, see Topic No. 255. When I file my tax return electronically, how do I sign it? For completing and signing a paper tax return:
- The return must be signed by both spouses if it is filed as a joint return. If your spouse is unable to sign the return due to a physical condition and requests that you sign it, sign your spouse’s name in the appropriate area, followed by the phrase “by,” then your signature, followed by the words “husband” or “wife,” and then sign the return. Make care to sign your name in the place designated for your signature on the bottom of the page. Please add a statement that provides the form number of the return you’re filing, the tax year, the reason your spouse is unable to sign the return, and that your spouse has consented to your signing the return in his or her absence. In the case of a mentally incapacitated spouse, you may sign the return on his or her behalf as “guardian.” Unless your spouse is unable to sign the tax return for any other reason, you may only sign it if you have a legal power of attorney in your possession. You should include a copy of the paperwork providing you power of attorney with your tax return submission. Alternatively, you can complete Form 2848, Power of Attorney and Declaration of Representative
- If you’re filing a return on behalf of a minor child who is unable to sign the return, sign the child’s name followed by the word “by,” then your signature and the nature of your relationship, such as “parent” or “guardian for minor child.”
Refer to Topic No. 356 for information on how to file and sign a return on behalf of a deceased person.
Where to file
The fact that it is electronically delivered means that you don’t have to worry about sending it to the correct location when you e-file a return. You should nonetheless submit a paper return to the location specified in the instructions for the form you are filing, rather than to the IRS. See Where to File Paper Tax Returns With or Without Making a Payment for further information. Any outstanding balances can be paid using IRS Direct Pay if you owe any money to the government. As an alternative, you may include a check or money order with your paper return or, if you filed electronically, with the 2021Form 1040-V, Payment Voucher: Payment Voucher: Payment Voucher: Payment Voucher: Payment Voucher:
- Be sure to make your check or money order payable to “United States Treasury.” Include your name, address, taxpayer identity number (SSN, ITIN, EIN), daytime phone number, the tax year, and the kind of form you’re submitting (for example, 2021 Form 1040) on the front of your payment. Do not staple or otherwise attach your payment or Form 1040-V to your return
- Instead, place it in a separate envelope with your return and seal it. Don’t send cash in the mail with your return
Using tax preparation software to prepare your return? Consult the instructions included with your program to learn how to pay your tax bill using your computer’s web browser. Please see ourPaymentspage for further information on how to pay your taxes using a credit or debit card, another electronic payment method, or cash in person. Refer to your form instructions as well as Topic No. 158 for further information on how to pay your taxes on time. If you are unable to make a payment on your amount – You may be eligible for a payment agreement with the IRS if you are unable to pay all of the tax owed on your return in one lump sum.
202 for more information on what to do if you are unable to pay your income tax obligations on time.
Last Chance to Claim Your Tax Refund
Currently being updated for Tax Year 2021 / January 11, 2022 at 8:21 p.m. OVERVIEW A taxpayer who fails to file their income taxes has three years to file a return and receive a refund under the provisions of the law. In most cases, the three-year countdown begins on the day that the return is due, including any extensions, and continues until the return is filed. In order to learn more about the third coronavirus relief package, please see our blog article entitled ” American Rescue Plan: What Does it Mean for You and a Third Stimulus Check.” Every year, over a million Americans fail to file their income tax returns.
Procrastinators have three years to file a return and receive a refund, according to the legislation.
Late filers who do not owe any taxes are not subject to any penalties, and they may even be entitled for credits in addition to the money withheld from their income.
Forgotten tax withholdings
The Internal Revenue Service establishes minimum gross income thresholds below which people are not required to submit a tax return. Example: For tax year 2021, people under the age of 65 who are unmarried and earned less than $12,550 or heads of household who earned less than $18,800 are normally exempt from filing their taxes, unless there are exceptional circumstances. These non-filers may have been unaware of the fact that their employer withheld income tax during the year, resulting in money owed to them by the Internal Revenue Service.
Non-filers also forfeit the opportunity to get the Earned Income Tax Credit, often known as the EITC, if they do not file.
It’s possible that you’re overlooking an opportunity to earn a tax refund.
Time matters with tax refunds
The deadline to file your original 2018 tax return in order to be eligible for a refund is April 18, 2022. If you were granted an extension for your 2018 tax return, your new deadline is October 17, 2022, rather than October 17, 2018. You will not get any refund if you do not meet the deadline. Any excess in the amount of tax you paid with each paycheck or received as quarterly anticipated payments in 2018 will be transferred to the United States Treasury rather than to you. As a result, you forfeit the ability to apply any return monies to a subsequent tax year in which you owe income tax.
It may be used to pay for the following things:
- Student debts that are past due, child support that is past due, and federal tax obligations that you owe
When the IRS does not receive the two consecutive yearly returns, it has the authority to withhold refund cheques. As a result, you should file your tax returns for 2019 and 2020 as soon as you possibly can. The three-year grace period expires on April 18, 2022, for the 2019 tax year, with a filing date in April 2020 and a filing deadline in April 2020.
Don’t forget your credits
It is possible that tax payers who do not employ a professional or online tax preparation service may not be aware of the tax credits that are available to them unless they read or keep up with tax-related news. Unclaimed 2018 tax credits account for a portion of the $1 billion in unclaimed funds in the Internal Revenue Service’s coffers. Low and moderate-income individuals may be eligible for the Earned Income Tax Credit even if they did not have to pay any taxes. If your 2018 income was below these thresholds, you may be eligible to claim the EITC if you file your claim before April 15, 2021:
- 15270 ($20950 if married filing jointly) and no qualifying children
- 40320 ($46010 if married filing jointly) and one qualifying child
- 45802 ($51492 if married filing jointly) and two qualifying children
- $49194 ($54884 if married filing jointly) and three or more qualifying children
- And $49,194 ($54,884 if married filing jointly) and four or more qualifying children
People who need to claim refunds for the 2018 tax year may be eligible for various tax credits in addition to the EITC, which include the following:
- Refundable credit for prior year minimum tax (Form 1040 required)
- Credit for federal tax on fuels (Form 1040 required)
- Additional child tax credit
- American Opportunity Credit
- Adoption credit
- Refundable credit for prior year minimum tax
- Health coverage tax credit (Form 1040 required)
- Credit for federal tax on fuels (Form 1040 required).
Obstacles to your tax refund
One of the mountains you’ll have to conquer in order to receive your refund is assembling all of the relevant documentation. Your rise will be simple if your financial documents have been kept up to date. As a result, you must allow for additional time in your filing schedule in order to receive a copy of your W-2 from your employer, as well as any 1099 forms that you may be missing from your bank or other payers. If you are unable to locate the documents you need, the IRS can assist you. In order to get a transcript of these information returns, you must complete and submit Form 4506T, “Request for Transcript of Tax Return,” and tick the box marked “Box 8.” Please allow up to ten business days for a response.
Downloadable versions of the 1040 series of tax forms are available through the “Prior Year Returns” link on the agency’s “Forms and Publications” web page, and hard copies can be obtained by calling (800) 829-3676.
Regardless of the filing option you pick, make sure to sign it since the IRS will not pay refunds to late filers unless they have signed the paperwork.
Simply visit our Products from Previous Years page and download the software for the tax year that you want.
Remember, with TurboTax, we’ll ask you a few easy questions about your life and assist you in filling out all of the necessary tax paperwork. With TurboTax, you can be certain that your taxes will be completed correctly, whether they are basic or complex tax returns, regardless of your situation.
All you need to know is yourself
Provide straightforward answers to a few easy questions about your life, and TurboTax Free Edition will take care of the rest. Simple tax returns are all that are required. In the preceding article, generalist financial information intended to educate a broad part of the public is provided; however, customized tax, investment, legal, and other business and professional advice is not provided. Whenever possible, you should get counsel from an expert who is familiar with your specific circumstances before taking any action.
How Do I File Returns for Back Taxes?
Updated for Tax Year 2021 / October 16, 2021 @ 8:16 a.m. on October 16, 2021 OVERVIEW When would someone be required to submit back taxes, and what is the customary procedure for doing so? Should you make a claim for unpaid taxes? It may still be possible to file a tax return from a prior year in order to pay what you owe or receive your refund. Learn more about why someone would decide to file back taxes and how to get started with the process of doing so.
Why you should file back taxes
Back tax returns that haven’t been filed yet might help you accomplish one of the following goals:
1. Claim a refund
One practical purpose to submit a back tax return is to determine whether or not the Internal Revenue Service owes you a tax refund. While many people have federal income taxes withdrawn from their salaries, there are situations when too much money is taken out of their paychecks. In some situations, completing a tax return may result in a tax refund, which may increase the amount of money in your bank account.
2. Stop late filing and payment penalties and interest
Even if you are unable to pay the rest of your tax liability, filing your tax return on time is essential to avoid penalties. Failure to pay your outstanding debt may result in an extra 5 percent of the unpaid tax you were required to disclose for each month your tax return is late, up to a maximum of five months in penalty. There are also minimum penalty limitations that apply. When you fail to pay your taxes on time, the Internal Revenue Service (IRS) charges additional penalty. For each month or part of a month that you are late in filing and paying your taxes, an extra 0.5 percent of the amount of the tax that was not paid on time will be assessed as a penalty on top of the amount of tax that was not paid on time.
The Internal Revenue Service (IRS) also levies interest on past-due taxes.
3. Have tax returns for loan applications
You may be required to provide evidence proving your income in order to be approved for certain loans, such as mortgages and business loans, as part of the approval process. Making sure you have filed your tax returns before applying for a loan makes the process run more smoothly.
4. Pay Social Security taxes to qualify for benefits
Estimated tax payments and individual income tax returns are the primary means by which self-employed persons pay their Social Security contributions.
The act of submitting a tax return and paying the related taxes allows you to declare your income in order to be eligible for Social Security retirement and disability benefits should you become eligible.
How late can you file?
The Internal Revenue Service prefers that you submit all back tax returns for years in which you have not yet done so. Having said that, the IRS typically only asks you to file your tax returns for the previous six years in order to be deemed in good standing. Despite this, the IRS has the authority to go back more than six years in specific circumstances. It’s unfortunate, but there is a limit to how far back you may file a tax return in order to be eligible for tax refunds or tax credits. The Internal Revenue Service (IRS) only enables you to collect refunds and tax credits if you file your tax return within three years of the original due date.
How to file tax returns for previous years
Filing a tax return for a prior year is not as difficult as you would imagine, but it does need the completion of a few procedures.
1. Gather information
The first step is to acquire any relevant information from the tax year for which you intend to file a tax return. Prepare your W-2s, 1099s, and any other documentation you may need to claim any deductions or credits you may be eligible for. Check the tax forms you’ve collected for the year in which you’re completing your tax return to make sure you’re using the correct ones.
2. Request tax documents from the IRS
It may be difficult for some people to locate records from prior years. Fortunately, the Internal Revenue Service has a form that you may use to request any tax information they have on file for you for a specific year. A transcript of your tax return information can be requested using Form 4506, even if you have not yet filed a tax return. You have the option of requesting information from the previous ten tax years. The IRS will submit the information that it has on file, which may include information obtained on forms such as W-2s, 1099s, and 1098s, among others.
3. Complete and file your tax return
Make certain to utilize the tax documents from the year in which you are completing your return once you have obtained all of the necessary paperwork. For example, if you want to submit a 2018 tax return, you must utilize 2018 tax return forms. These papers may be found on the IRS’s official website. When you’re filling out a tax return by hand, patience is essential. Furthermore, TurboTax allows you to file tax returns from past years, which is a welcome convenience.
- To get started, choose the year for which you wish to file a tax return. Enter your tax information, and TurboTax will correctly fill up the tax forms
- After that, click “Finish.” Because e-filing prior year returns is not an option through TurboTax, you will have to print out and mail in your tax return for previous years.
Remember, with TurboTax, we’ll ask you a few easy questions about your life and assist you in filling out all of the necessary tax paperwork. With TurboTax, you can be certain that your taxes will be completed correctly, whether they are basic or complex tax returns, regardless of your situation.
All you need to know is yourself
Provide straightforward answers to a few easy questions about your life, and TurboTax Free Edition will take care of the rest. Simple tax returns are all that are required. In the preceding article, generalist financial information intended to educate a broad part of the public is provided; however, customized tax, investment, legal, and other business and professional advice is not provided.
Whenever possible, you should get counsel from an expert who is familiar with your specific circumstances before taking any action. This includes advice on taxes, investments, the law, or any other business and professional problems that may affect you and/or your business.
File Taxes From Previous Years
If you did not fulfill the filing criteria for the previous year’s taxes, you are not obligated to file for the current year’s taxes. If you have a gross income above a certain level for each year in which you did not file, you should double-check your situation. Dependents and non-dependents are subject to varying filing requirements when it comes to tax returns.
Special Cases for Filing Prior Year Taxes
In addition, you may be required to file prior year federal taxes in certain circumstances, particularly if you owe any special taxes, such as those listed below:
- In addition to the Alternative Minimum Tax (AMT), there is an additional tax on eligible plans, such as an IRA or other tax-favored accounts. In contrast, if you’re just filing taxes because of this tax, you can file Form 5329, which is for Household Employment Taxes, on its own. You may, however, choose to file Schedule H by itself if you are only filing a return because of this tax. Social Security and Medicare tax on either of these:
- Your employer was not made aware of any tips you provided. Paychecks that you got from an employer who did not deduct these taxes from your paychecks
- Taxes that are recouped, such as the first-time homeowner credit
- Inclusion of write-in taxes, such as uncollected Social Security and Medicare taxes, or railroad retirement tax on any of the following:
- Tips that have been reported to your employer
- Group-term life insurance, as well as an extra tax on income from health savings accounts (HSAs)
- You — or your spouse, if you are filing jointly — received distributions from any of the following entities:
- Net earnings from self-employment of at least $400
- Wages of at least $108.28 per hour from a church or qualifying organization that is free from employer Social Security and Medicare taxes
- Net earnings from other sources of income of at least $400.
Why Consider Filing Prior Year Taxes?
Even if you are not obligated to file, you may still choose to do so for many reasons. You will be able to obtain a refund of any withheld taxes or refundable credits in this manner. In most cases, you can still seek a refund for up to three years prior to the purchase. So you may still file for 2020, 2019, and 2018 if you want to file for 2021. This will also assist you in the event that you have a net-operating-loss carryover. The carryover may then be used in future years, if there is sufficient income to offset it in the current year.
Prior-year returns, on the other hand, can be filed in any of the following two ways:
- Speak with a tax specialist at one of our office locations around the country. Consider using a previous-year version of H R Block Software.
More Help With Filing Previous Years’ Taxes
H R Block can provide further support with the preparation of prior year’s tax returns. With so many filing choices available, you may select the one that best suits your needs and lifestyle.
Is it possible to electronically file several state tax returns? H R Block can assist you in determining whether you are eligible to e-file multiple state tax returns and understanding reciprocity agreements. Is College Tuition Deductible From Income? Is college tuition, as well as other educational costs, deductible from your taxes? Find out more from the tax professionals at H R Block. Limits on Deductions Under Section 179 Is it possible to deduct the cost of a new car under the Section 179 deduction limits?
Medical Expenses Can Be Deducted If you spend a lot of money on healthcare, you might think about deducting medical expenditures from your income.
Your 2016 Federal Income Tax Return & Marketplace Health Coverage
IMPORTANT:The information on these pages will assist you in filing your 2016 tax returns.
- If you haven’t yet filed your 2016 taxes, or if you have filed but haven’t yet “reconciled” your premium tax credit, you may use the information on these pages to help you. Some of the links may direct you to IRS information on 2016 taxes, so be sure to thoroughly read any IRS pages you get on
- If you require information on 2017 taxes, which are due in April 2018, start with this 2017 tax page
- Otherwise, go to this 2017 tax page.
You should have filed your 2016 taxes by now, but if you haven’t, you should do it as soon as you possibly can. When you submit your taxes for the 2016 tax filing year, make sure to include the following information:
- When you submit your 2016 federal income tax return, you’ll be required to furnish extra information. It’s possible that you’ll have to fill out one or two new tax forms. It is possible that you may need to utilize a tax tool to locate 2016 Bronze or Silver premiums in order to finish your tax return. It’s possible that you’ll have to file a health coverage exemption or pay a charge with your tax return if you didn’t have health insurance in 2016.
Your 2016 health coverage status
To determine your next actions if you haven’t filed your 2016 taxes yet, choose the scenario that best describes your health condition in 2016 and apply it to your situation:
- If you had a Marketplace plan with premium tax credits in 2016, you might save money. If you were enrolled in a 2016 Marketplace plan that did not qualify for premium tax credits
- If you had employer-sponsored health insurance in 2016, If you have alternative health insurance coverage for the year 2016
- If you didn’t have health insurance, you’d be in a lot of trouble.
When, Where, and How to File Your North Carolina Return
According to the calendar year method of filing, the 2020 return is due on or before April 15th, 2021, if you file on a quarterly basis. The 15th day of the 4th month following the end of the taxable year is the deadline for filing a fiscal year return. When the due date falls on a Saturday, Sunday, or holiday, the return must be postmarked on or before the next business day to be considered timely submitted. It is necessary to file a fiscal year return on the tax form for the tax year in which the fiscal year begins.
When a North Carolina tax return or other document is considered timely filed or a tax is considered timely paid if the due date falls on a Saturday, Sunday, or legal holiday, refer to DirectiveTA-16-1.
A person who lives outside the United States and Puerto Rico, or whose primary place of employment is located outside the United States and Puerto Rico, or who is serving in the military outside the United States and Puerto Rico is considered to be “out of the country.” However, interest is owed on any unpaid tax from the initial due date of the return until the tax is paid, even if the payment deadline has been extended.
Nonresident Aliens: Nonresident aliens are obliged to file returns at the same time that they are required to file their federal taxes, unless they are exempt from filing returns.
While it is understandable that you may not be able to pay the tax owed, you should nonetheless file your tax return by the due date in order to avoid the failure to file penalty. A payment agreement with the Department of Revenue may be available to you if you meet the requirements.
How to File Your Return
The Department highly encourages that taxpayers use the electroniceFile option to file their returns in order to ensure correct and efficient processing. You should send us your paper tax forms if you are a taxpayer who files on paper.
- The following documents are required: your North Carolina income tax return (Form D-400)
- Federal forms W-2 and 1099 showing the amount of North Carolina tax withheld as reported on Form D-400, Line 20
- Federal Form 1099-R if you claimed a Bailey retirement deduction on Form D-400 Schedule S, Line 21
- Form D-400 Schedule S if you added items to federal adjusted gross income on Form D-400, Line 7, or you deducted items from federal adjusted gross income on Form D-400, Line Copy of your tax return filed in another state or country if you claimed a tax credit for tax paid to another state or country on Form D-400TC, Line 7a
- Copy of your federal tax return if your federal return does not include your North Carolina address
- Any other North Carolina forms or supporting schedules that are required by law
Where to File Your Return
Individuals who file their returns electronically using eFile will have their returns processed electronically after they have been filed. For taxpayers who use paper forms to file their returns:
- Make sure to ship your return to the North Carolina Department of Revenue, PO Box R, Raleigh, NC 27634-0001
- If you plan to get a refund, make sure to mail your return and payment to the North Carolina Department of Revenue, PO Box 25000, Raleigh, NC 27640-0640. Be sure to make your check or money order out to the North Carolina Department of Revenue. A check, money order, or cashier’s check will not be accepted by the Department unless they are drawn on a U.S. (domestic) bank and the amounts are payable in U.S. dollars.
If You Need Help With Your Return
If you are unable to obtain assistance in completing your North Carolina tax return, you can visit a service center or call 1-877-252-3052 for assistance. We will not be able to assist you with your North Carolina return until your federal return has been finished successfully. If you are disabled, have a low income, or are a senior citizen, you may be eligible to get your income tax returns completed for free through the Volunteer Income Tax Assistance or Tax Counseling for the Elderly programs.
Filing a Late Tax Return and Protecting Your Refunds
A late tax return may always be filed, even if you haven’t filed in several years or if you’ve never filed one in the first place. However, if you file your taxes late, you may not be eligible for a tax refund because refunds typically expire after three years. Instead, concentrate on filing your late returns as soon as possible in order to get caught up with the Internal Revenue Service (IRS) and secure your refunds in the future. IRS penalties and interest may add up quickly.
Filing Your Taxes Late
Filing a late return can be particularly unpleasant if you have several years’ worth of tax returns to prepare rather than just one year’s worth of returns to complete. However, if you become organized and spend some time to the effort, you will be able to catch up with the IRS. If you already have your original W-2 forms and have saved them somewhere where you can easily access them, you’re in good condition. However, if you are missing any tax paperwork, the Internal Revenue Service can assist you.
There will be information from a variety of forms included in the transcript, including W-2s and 1099s.
There will be no information on your pay and income transcript that pertains to state or local tax withholdings or deductions.
Claiming a Late Refund
In the majority of circumstances, you have three years to file a tax refund claim. The three-year term begins with the initial filing deadline for the tax year in question.
After that time limit has passed, the IRS will not be able to provide you a refund. Consequently, a refund for tax year 2021 would be valid until April 18, 2025, which is three years after the initial tax day date of April 18, 2022.
Penalties for Late Filing
If it is discovered that you owe the IRS money on any late-filed tax return, penalties will be assessed. If you file your tax return late, the IRS will levy two penalties in addition to interest. Failure to submit a tax return can result in a penalty of up to 5 percent of the tax payable for each month you are late, with a maximum penalty of 25 percent. There is also a failure-to-pay penalty of 0.5 percent every month, up to a maximum of 25 percent, if the payment is not received. The IRS sets the interest rate on a quarterly basis at the current federal short-term rate plus three percentage points, plus or minus one percentage point for inflation.
If you’re due a refund, there’s no penalty for filing your tax return later than the deadline.
Tips for Catching Up With Your Tax Returns
Unless you have your W-2 forms, you will need your IRS transcript in order to complete the relevant information on a substitute form, IRS Form 4852, if you do not have your W-2 forms. If you’re using tax preparation software, you may attach the form to your return and fill in the blanks with the required information. You must also sign Form 4852 and provide a copy of the transcript with your tax return so that the Internal Revenue Service (IRS) will know that the figures you included on your tax return came from a reputable source.
Each software package has its own set of advantages and disadvantages, but all three will work well for you when it comes to completing your tax returns.
If you’re going to prepare your own tax returns, try to stick with the same software application for all of the years you need to file them.
Alternatively, you might wish to consider hiring the assistance of a tax specialist.
Getting out of Tax Debt
When you’re finished with your tax returns, you may discover that you owe money to the Internal Revenue Service. If you pay what you owe quickly, you will avoid any further costs or penalties; but, if you pay with a credit card, you may incur additional fees. If you require additional time to pay off your tax obligation, the IRS will work with you to develop a payment plan that will assist you in getting out of debt. The approval of an installment plan to settle your tax debt will be based on whether or not you are current on your filings and how much you owe in back tax payments.
It is still possible that you will incur penalties and interest until the sum is paid in full, even if the IRS agrees to your plan. Additionally, long-term payment plans will incur startup fees, which may be eliminated in some cases if specific requirements are satisfied.
Frequently Asked Questions (FAQs)
The penalty for failing to make a quarterly estimated tax payment are the same as the penalties for failing to make a tax payment that is due with your yearly tax return. The fees are calculated as a percentage of the tax liability, with the proportion increasing the longer you go without paying the tax debt. You can compute your precise penalty by completing IRS Form 2210.
When can you start filing taxes?
In most years, the Internal Revenue Service begins taking returns in late January or early February. Check in with the Internal Revenue Service in early January for an updated timeframe. The Internal Revenue Service (IRS) began collecting tax returns on February 12, 2021.
Correct an income tax return
When you make modifications or revisions to your tax return, you may be required to update the tax return you previously filed.
Forms (current tax year)
- California Explanation of Amended Return Changes (540 Schedule X)
- California Explanation of Amended Return Changes (540 Schedule X)
Common reasons why you need to amend a return
- Income can be added or subtracted from a W-2, 1099, K-1, or other tax form. (Corporations) Incorporate a subsidiary into a combined tax return
- Credits can be updated, claimed, or removed. Add or subtract a dependant from the equation
- The transition from standard deductions to itemized deductions
- You can make changes to your itemized deductions.
|Update filing status||See related instructions|
|Report federal income tax adjustments||You amended your federal tax return or recently audited by the IRS|
- California Explanation of Amended Return Changes (Schedule X)
- Corrected California Resident Income Tax Return Form540 (540 2EZ, California Nonresident or Part-year Resident Income Tax Return540NR) and related supporting documents
- California Explanation of Amended Return Changes (Schedule X)
- California Explanation of
Please send both materials to us.
Tax year 2016 and before
- For that tax year, you must complete Form 540X (which you can find in our form locator) and attach any supporting documentation. a copy of the original return (540, 540NR, 540 2EZ)
- A copy of the original return
2. Submit your amended return online or by mail:
onlineEither through your tax preparer or through tax software MailFranchise Tax BoardPO Box 942840Sacramento, CA 94240-0001Franchise Tax BoardPO Box 942840Sacramento, CA 94240-0001
To make changes to your tax return, follow these procedures. Contact us if your tax liability (income, credits, deductions, etc.) does not change as a result of your actions.
1. Fill out the correct form for your business.
- The following types of corporations are recognized: C corporation, S corporation, Limited Liability Company (LLC) considered as a corporation, Single Member LLC treated as a corporation.
|Amended Corporation Franchise or Income Tax Return (Form 100X)|
- Partnerships are divided into three types: general partnerships, limited partnerships, and limited liability partnerships.
|Partnership Return of Income (Form 565)Reminder:|
- Check the box for the modified return
- If necessary, attach an amended K-1 for each member.
|Limited Liability Company Return of Income (Form 568)Reminder:|
- Verify that the updated return box has been checked
- If necessary, attach amended K-1 forms for each member.
2. Submit online or by mail:
onlineEither through your tax preparer or through tax software Franchise Tax BoardPO Box 942857Sacramento, CA 94257-0500MailFranchise Tax BoardPO Box 942857Sacramento, CA 94257-0500
Estates and trusts
Form 541 (California Fiduciary Income Tax Return) is required for estates and trusts in the state of California.
- Check the box next to “Amended Tax Return”
- Complete the tax return in its entirety
- Explain all of the modifications on a separate sheet of paper. Include the name of the estate or trust, as well as the FEIN, with each item. If necessary, provide an updatedCalifornia Beneficiary’s Share of Income, Deductions, Credits, and Other Benefits (541 Schedule K-1), as well as any other supporting documentation.
Make sure to provide each beneficiary with a copy of the updated 541 Schedule K-1.
Charities and nonprofits
- Locate the form that you used to register your charitable or nonprofit organization. Take a look at the revised return box
- Submit your application online or by mail.
For additional information, please see Charities and NGOs – filing requirements.
Do You Need To File A Tax Return In 2016?
The 2016 tax filing season has begun with the start of tax season. In 2016, the Internal Revenue Service (IRS) intends to complete about 150 million individual tax returns, an increase from the previous year. Will you be submitting one of those tax returns, as well? And, maybe more importantly, do you really need to? Your 2015 income will be reported for the 2016 tax filing season, and you will record the income you got in 2014. This includes any compensation you received in 2015, but does not include any compensation you get in 2016 for services done in 2015 (you will record such income the following year).
- You may or may not be required to submit a tax return depending on a number of circumstances, including how much you earned – and the source of that income – as well as your filing status and your age.
- Choose your filing status, your age, and your gross income for the year from the drop-down menus in the chart below.
- In the event that you are not claimed by anybody else on their federal income tax return, these restrictions will apply.
- You may get the 2015 figures by clicking here.
Depending on whether or not you may be claimed as a dependant on someone else’s tax return, the laws are a little more complicated. Here are some general recommendations to follow:
- Individuals with single dependents who are under the age of 65 and are not blind normally are required to file a federal income tax return if their unearned income (such as dividends or interest) exceeds $1,050 or if their earned income (such as wages or pay) exceeds $6,300. Generally speaking, if you have a single dependant who is above the age of 65 or blind, you must file a federal income tax return if your unearned income exceeded $2,600 or your earned income exceeded $7,850. The IRS normally requires you to file a federal income tax return if you have a single dependant who is over 65 and blind, and if your unearned income was more than $4,150 or your earned income was more than $9,400. When you have married dependents and either of you is under the age of 65 and not blind, you generally must file a federal income tax return if your unearned income was more than $1,050, your earned income was more than $6,300, or if your gross income was at least $5 and your spouse files a separate return and itemizes deductions
- If you have married dependents and either of you is under the age of 65 and not blind, you generally must file a federal income tax return if your You generally must file a federal income tax return if you have a married dependent who is over the age of 65 or blind, and your unearned income was more than $2,300, your earned income was more than $7,550, your gross income was at least $5, and your spouse files a separate return and itemizes deductions. While married with dependent children, if either of you is over 65 and blind, you are generally required to file an income tax return if your unearned income was more than $3,550
- Your earned income was more than $8,800
- Your gross income was at least $5
- And your spouse files a separate income tax return with itemized deductions
- Or both of you are over 65 and blind.
It’s important to remember that these regulations apply to dependents who are also married, not just married taxpayers in general. According to tax law, your spouse is never deemed a dependant on your income. You may also be required to submit for a variety of other reasons. One of the most common reasons for submitting a federal income tax return even when you don’t satisfy the basic income requirements is for self-employed individuals. Self-employed individuals who make at least $400 in net earnings must file a federal income tax return.
And, of course, if you, your spouse, or a dependant who registered in coverage via the Health Insurance Marketplace received advance payments of the premium tax credit, you may be required to submit a tax return.
If you received distributions from your HSA, Archer MSA, or Medicare Advantage MSA during the year 2015, you must file a tax return.
If you did not get your minimum needed distribution – and you were obligated to do so – you will also be required to file a tax return.
You may also be eligible for a refund for over-withholdings or a refundable credit, such as the earned income tax credit, if you have a low income (EITC).
What you need to know about filing and health care is summarized here in a few sentences.
- It is presumed that you are exempt from the shared responsibility payment in 2015 if you are not obliged to submit a tax return in that year, and you are not needed to file a tax return in order to claim the coverage exemption. If you are obliged to submit a 2015 tax return and you did not have minimal health insurance coverage for the whole year, you will also be needed to file an extra form, which is referred to as a health insurance coverage waiver (form 8965). Form 8965 will be used to request an exemption from the shared responsibility payment or to calculate the amount of the payment you will be required to make. (For further information about exemptions, please see this page.)
- It is necessary to submit a tax return in 2016 in order to reconcile the advance payments you got in 2015. This is true even if you are entitled to tax breaks. The failure to report the premium tax credit on a federal tax return in 2015, even if you received advance payments, may result in your inability to obtain more advance payments in the future. What this means is that if you obtained health care tax credits or subsidies and wish to continue receiving those health care tax credits or subsidies, you are still obligated to submit your federal income tax returns, even if you would otherwise be excluded from doing so. If you fail to file, you will be liable for the full cost of your health care insurance, and you may be required to reimburse part or all of the premium tax credit advance payments made in 2015.
(More on health-care requirements will be provided later in the season.) It’s also vital to remember that these are federal rules, not state rules. It’s possible that the rules in your state are substantially different. For example, in my home state of Pennsylvania, there is no personal exemption, and as a result, people are liable to tax from the very first dollar they earn. Do not make the mistake of assuming that you will not be required to submit a state (or local) income tax return even if you are exempt from federal income tax; instead, be cautious.
If you’re still unsure after reading this, consult with a tax professional or contact the Internal Revenue Service (1.800.829.1040).