dChan
Anonymous ID: 4e75f0 Jan. 22, 2023, 7:46 p.m. No.18200566   🗄️.is 🔗kun

>>18200312

If you are paid in full, nothing. Nothing at all other than you will eventually be "papered" half to death with inquires/requests/demands for the delinquent tax return.

More than nothing at all- the SFR program aka Substitute For Return and they prepare what is a VERY high estimate based on reporting documents submitted to IRS (W-2s, 1099s, W-2G, W-3s from employers) and use Filing Status 3- Married but filing at the higher single rate. This assessment is proposed to anon and anon can:

  1. File the return, the correct one anon sat on

  2. Do nothing- IRS will process that sketch estimate as filed on your behalf and you get to fight it out "with the process" that ultimately takes human intervention to overturn/void/overrule the ambitious filing done by computer.

 

The whole process is stupid AF and creates a lot more headaches for all concerned. They want that assessment and to get the Statute of Limitations clock running. They can pull the return and initiate an audit if the computer tells them too (do NOT think is the first rule of IRS fight club)

 

Best case: Prepare the return. Make sure all the tax is paid in full and then sit back and let IRS twist.

Remember: The presumptive due date is the actual date filed + 3 years. This bars anon from getting a refund of anything overpaid and stops the IRS from assessing additional taxes.

 

Example:

Tax return is due 4/15/2023 (think it's the 17th in 2023)

Tax return filed on 4/20/2023 - Late filing penalty? Not so fast, 5 business days but that's a secret so SHHHHHH

Tax return unfiled, later filed 4-15-2028

2022 Presumptive due date: 4/15/2023

2022 Statute expiration date: 4//15/2026 for timely filed returns and for OBTAINING REFUNDS ON DELINQUENT RETURNS.

 

Sauce: you know, the thing..

 

>>18200333

>The jews

 

Seriously, in 35 years anon met precisely 2 and only 2. Out of THOUSANDS. Thousands anon.