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Economic Stimulus Package-I Did Not File Tax For 2006 Due To Personal Problem.? |
Trade Stimulus package-I did not file tax for 2006 due to personal problem. Can I now file 2006 and 2007 together and still be qualified for Economic Stimulus package. Please advice.
| Answer: The tax discount is based on your 2007 earnings and Federal Income Tax liability. You need to file a 2007 Federal Revenues Tax return (and have sufficient "qualifying income") to receive the repay. However, you do need to file your 2006 return, either to receive a refund for your overpayment or to minimize the interest and penalties for not filing on once in a while. |
By Betsi Fores -- The Dirt Foundation FILE - In this Sept. 17, 2008 file photo, the AIG logo is shown in New York. Management auditors on Thursday, Jan. 20, 2011 say taxpayers might be repaid in full for the bailout of insurance leviathan