Should I file my taxes this year or not and hoping nothing happens?
Asked by: bustermcleod 44 views Tax Discussion
I wasn’t employed for most of the year of 2011 and most of the year I was getting paid through a 1099. So now I have a form 1099-misc for $ 9676.27 and I also have a w-2 for $ 268.20 state wages with $ 18.74 Federal tax withheld and $ 13.41 State tax withheld. From what I know I’m probably gonna have to pay a lot of tax on the money I made on the 1099 and right now I would have no money to be able to pay tax to them. So I’m thinking I just wont do my taxes and try doing last years 2011 and this years 2012 all together next year and hope that works out. And also hope that I don’t get arrested for tax evasion. But I just heard from a friend that since I was a basically a self contractor that once I factor in write off stuff that I will actually be able to get money back and that I’d be stupid not to file my taxes and get that money. Or maybe he’s just trying to get me arrested to get him Wesley’s autograph. Does anyone have any advise to give? Anybody reading have experience getting paid and filing with a 1099 and what all I had to spend money on throughout the year is able to be factored in and wrote off. Thanks
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- if i dont file my taxes what happens can i file this years can i do it next year