Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [taxes-owing]

10 questions
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U.S. citizen living abroad: How do I declare my income and file for taxes if I've been delinquent in filing?

I'm 26 and have lived outside the U.S. all my life. I never filed a U.S. income tax return. I know nothing about doing my taxes, and would like to file for the years that I neglected to before the penalties become more serious. Here are some…
user13183
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If I owe unpaid taxes for last year, but am due a refund this year, will the IRS keep the difference?

Last year, when I filed my taxes, I owed the IRS some money. I didn't pay it – I couldn't at the time. It was only a couple hundred dollars. I guess I have two questions, if you will: If I file a tax return this year and get a refund (things have…
crush
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Ontario HST rebate: Would I be receiving a cheque if I owe Canada Revenue Agency (CRA)?

Would I be receiving a cheque if I owe Canada Revenue Agency?
conrad
3
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3 answers

Is it legal to start a new small business while owing personal back taxes?

We owe, personally, about 8 thousand in back taxes for the past 3 years. But we really want to start a small renovating business. I heard it was illegal to begin a new business while still owing the IRS. We went to a small business planner, and they…
christina
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Can I file IRS form 1040 first then wait to pay until the deadline?

Normally I file and pay taxes at the same time. Is it acceptable to file first, perhaps months before the payment deadline? I ask because I have a large tax liability, and would prefer to put it off as long as possible.
Bryce
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We received the first HST payment but we got a notice of an error. Will we still get our next HST payment?

We received the first HST payment. However, something was wrong on our taxes. We got a notice a week or so ago saying that we now owe, because our rent receipts -- that we handed in -- got lost. So, now they say we paid no rent all of 2009 (big…
Sara
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Can State come after our house for previous owner's back taxes?

More than 4 years ago, we bought a house that was previously used as a business by the previous owner. Recently, we received a letter addressed to our property that stated the day care owed a large sum of money in back taxes and penalties. I will do…
T James
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Taxes on raffle winnings

If I win a car in a raffle then I have to pay taxes on it. What if, however, the raffle prize includes $20,000 along with the car (MSRP ~$105,000)? What's the story then? Will the cash cover the taxes? Are there other taxes/fees I'm not…
Joseph
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Can my employer make me to pay for their tax mistake from my future paychecks?

I live and work in the same building. As part of my employee benefits, I pay no rent for my apartment. However, I pay 30% tax on the rent at the time I signed the lease. Without my knowledge, my employer failed to tax me correctly for the years of…
jjc
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US citizen sometimes residing in spain, wanting to offer consulting services in Europe, TAXES?

So I am an independent contractor with and LLC in the US. I periodically reside in Spain and want to offer consulting services to Spanish and other European clients that would be conducted online/via Skype. What are my tax obligations in US? …
Sylver
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