You Can File Past Income Tax and Save Money

It's a drop in the bucket to them, but it might beone is easy: they file past income tax returns if
a lifesaver to you.they didn't file before. But thanks to the First
People who file past income tax often get backTime Homebuyer's Credit, people who filed earlier
money-fifty dollars, one hundred dollars, fivemay want to file past income tax to amend their
hundred dollars, even a thousand dollars. In fact,returns. And people who didn't file because their
some tax preparers have discovered the "IRSincome was too low could still have a chance to
Time Machine"-you can get back money fromget something back.
past years based on things you did this year.- Pick a company that will help you file past
All that, and you don't have to pay a dime until it'sincome tax: you don't want ot do the filing alone if
actually time to file. You can run the numbers andyou can help it. Filing normally is tricky enough, but
check your numbers, all with no risk whatsoever.when there are fees and fines on the line, it gets
It's the easiest way to assess where your taxesthat much worse. Instead, pick a company that
are at.specializes in helping people file past tax online.
Here's what you need to do:They'll be able to calculate the best way to get
- Get the documents you need to file pastthe most back, and do it almost instantly. Don't
income tax: Whether or not you filed before, you'llspend any more time wondering how much you
want any 1099 or W-2 forms, as well as anycould get back if you file past income tax. You
financial records you have from before. It's also acould start your filing in minutes, and get your
good idea to have any bank records or mortgagehands on a refund in days. There's no sensible
statements. If you can't access the forms, don'treason to delay, especially knowing that the IRS
worry-there will be extra work, but you can stillcould always turn the tables and end this
file.extraordinary opportunity. For as long as they're
- Determine whether you're filing for the firstwilling to give you money, the only question is: are
time or amending a return: For most people, thisyou ready?