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Topic: Never filed taxes for US since 2008... how far back should I go?  (Read 1290 times)

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Never filed taxes for US since 2008... how far back should I go?
« on: February 11, 2013, 08:11:36 PM »
The subject line says it all really...

I have no investments over $10,000, and don't earn anything close to $92,000 (I wish!). Should I file as far back as 2008, or will the last 3 years do me fine?

Just curious. I know I don't owe any tax and as far as I know, wont be fined...

Thanks!


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Re: Never filed taxes for US since 2008... how far back should I go?
« Reply #1 on: February 11, 2013, 09:57:06 PM »
You asked exactly the same questions in both the Spring of 2010 and 2011.

If the IRS saw your posts they could easily assume that you wilfully failed to file (because you knew about taxes but did not bother).

Why have you not filed before and claimed making work pay credits when you could?


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Re: Never filed taxes for US since 2008... how far back should I go?
« Reply #2 on: February 11, 2013, 10:03:45 PM »
As far as I know, you are meant to file 6 years back.


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    • Professional tax preparation for American expatriates
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Re: Never filed taxes for US since 2008... how far back should I go?
« Reply #3 on: February 11, 2013, 11:51:09 PM »
Right now you can actually join the new Streamlined Procedure - which means filing 3 years of tax returns & 6 years of FBARs (vs the old rule of 6 years of tax returns).

You can learn more about it here: http://www.taxesforexpats.com/services/new-irs-program-delinquent-taxes.html

To find out if you qualify for the program: http://www.taxesforexpats.com/services/streamlined-program-qualifications.html
Professional tax preparation for American expatriates by a Federally-Authorized EA - www.TaxesForExpats.com


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Re: Never filed taxes for US since 2008... how far back should I go?
« Reply #4 on: February 12, 2013, 12:34:43 PM »
The streamlined approach is non-statutory (in other words it is a contract with the IRS - not a Congressionally, discussed, debated and agreed and legislated way of removing penalties).

Given that there appears some possible evidence of wilfulness in this case I am not convinced if the risk might not be increased further by using the streamlined approach as against quiet filing - and appealing later against any penalties that might be assessed.

I concur though that one needs to prepare - say - 3 years of past delinquent returns to be able to assess risk - and should be doing this as the first stage of the project before deciding how to deliver the paperwork to the IRS.


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