Filing for 2005-2006 tax refund, is there penalty fee for filing it now?
Hi - I was a foreign student on F1 visa in the United States and had a very brief internship back in 2006 and 2005. I did not file my tax return for either years, but based on my calculation I was supposed to get a tax refund for both year (about 1-2k refund in total). I am no longer studying or living in the US since middle of 2006, but I am now thinking about filing a 1040NR from abroad for these two years and get my refund. So my question is, will the IRS slap a penalty fee for not filing tax return even though they owe me tax refund?
Please let me know whether I should file and what the risks are (and if it's worth filing). Thanks!