|
Phant84, it is possible that you could avoid fines by filing the return now and paying the applicable interest on the taxes that you owe. I have had clients in the past that have come forward voluntarily and paid the tax (including the interest) and I have included a letter asking for a waiving of the late filing and late payment penalties due to the taxpayer's acquiesence.
Still, you're dealing with the IRS so all bets are off. For the record, did you earn enough that you had a filing responsibility?
|