[Magdalen] Quick return.
Jim Guthrie
jguthrie at pipeline.com
Sat Feb 14 22:00:33 UTC 2015
From: Roger Stokes
>presumably, resident in the USA? I understand that US citizens resident
>anywhere in the world should file tax returns even if they have no income
>liable to US taxes. If they wish to move to and work in the USA then they have
>to get their tax affairs up to date first.
Lots of Americans don’t file. The chance of getting caught is pretty slim, with
fewer than 2% of taxpayers audited -- and most of those are high-income people
with strange deductions. And of course, there's the right wingnuts who claim the
Income Tax is un-Constitutional so refuse to file.
I had an employee once who disclosed he hadn’t filed in more than 10 years. And
what was really stupid, was that most (or all) years he had refunds coming.
"They need it more than I do."
Interestingly enough, it was the State of California that finally nailed him
(despite the fact that he had refunds coming from them as well). He still got
money back after paying penalties on both Federal and State returns (One has to
do the state to calculate the federal, and sometimes vice versa).
Cheers,
Jim Guthrie
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