I'm kind of worried here...

I don't know why I didnt, but it is what it is. I just didn't file my taxes for 2005 and 2006. I also worked for a company in 2004 that paid me in personal buisiness checks that I would cash at citibanks, etc. but they never had me fill out any paperwork and never sent me a 1099 (?). I was told I should try and "guesstimate" how much I made (on the high end) and pay the amount I think is correct (after calculation) for taxes there for that job.

I have all my W2's from the places I have worked for the years above (save for that one about 2004, of course) and am wondering what to do.

I've been told to just seek out a CPA and have them help me file all my "back taxes". They say I won't go to jail but that I will probably incur a ton ($10,000~) of late fees/penalties, etc.

I've always claimed "0" and of the two times I've fild taxes prior (2002 and 2003) I've always gotten money back. I'm 100% positive I would have gotten money back from these taxes had I filed. Just saying.

So really... what do I do? Am I going to go to jail? I didn't make a whole lot... each of the W2's I have all show $17,000 or less (as in, one shows $17,000 while the others were from the same company but for the end of the previous year for around $1,000-$5,000). I've never worked a job over $28,800/yr (Dec. 2005 and all of 2006 until Nov.) and previous jobs had always been about $20,000 or less.

I have a really nice job now, it doesn't pay much but it's what I want to do and my girlfriend and I have been together for almost two years and things are finally starting to shape up. I just don't want to have to abandon all of that because of mistakes I've made. Although, I guess that would be the consequence unforseen at the time of my actions (inaction?)

I'm pretty young and don't want to screw up my life too badly because of money... especially money I've essentially already "paid" if you will. Is there any resolution? Am I screwed?

Didn't Bush say something about people being able to file taxes of any sort for anything ever with no "worries" this year? I may be wrong...

I almost feel like calling the IRS but I Was told that'd be the worst I could do. In fact, about the whole CPA thing.... I was told if I come forward first, it shouldn't be that big a deal but... I just don't want to make any wrong decisions... now.

Thanks for the help, if any is provided. I'll check daily!

hippiechick83

CaptainRich: You can kiss my grits pal.......so if you're such an expert, then where is your expert advice?? Big man...little brain.....so sad. Yeah, I have a bad attitude towards ignorrant people.

Ken 297

I have used both H & R Block and a CPA for taxes
On a straightforward return H & R was quite good.
As my returns got more complicated I found an chartered accountant to be well worth the extra money.
You shouldn't worry about penalties unless you owe money.
The government however, will not pay you interest on any money they owe you if you do not file on time.
Either way you should file as soon as possible for your own peace of mind.

hippiechick83

Knaledge: I was letting you know what I would do in your situation. I've never delt with anyone other than H&R, I also stressd that no matter who you chose, you needed to take care of that asap. As far as other people's rude comments, fuggettaboutit.

Ken 297: Great advice.......basically, what everyone is stressing is that it needs to be done immediately.

CMYK

You are pretty much screwed. have fun.

AtlantaTaxExpert

He is NOT screwed. He just needs to get this back tax issue resolved.