taxes
 

 taxes







 

Question by  JillB (47)

Is it too late to pay my 2001 income tax?

I feel bad I never paid it.

 
+7

Answer by  Att4372 (1704)

You can file a Federal tax return for any year in which you did not file. You cannot claim a refund (3 year limit), but you might owe.

 
+7

Answer by  papinprincess (19)

No, but you will have quite a bit of interest added for not paying on time. You get interest for every year that it goes unpaid.

 
+6

Answer by  LippoTheHippo (67)

Cheer up, it's never too late to pay your taxes! Be aware that in addition to the taxes owed you will probably also owe stiff penalties, and quite a bit of interest.

 
+6

Answer by  Mary (2095)

No it is not too late. However, if the government has not already notified you of a fine or collection for owing the tax, they will when you file.

 
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