3. ELI5: US Taxes: What's the difference between filing taxes and tax returns?

ELI5: US Taxes: What's the difference between filing taxes and tax returns?

  1. You need a copy of what your mom filed for you. Now. If she’s at all evasive about it you might want to seriously consider she’s not been doing something she should. This sort of thing is a very common tale in a lot of stories over on r/personalfinance when people find they’ve bee victims of their family committing identity fraud. Not saying that’s been happening, but you need those filings. Now.

  2. If you’re delinquent, either due to bad, fraudulent or no filing by your parents your #1 priority is to come clean to the IRS ASAP. Go see an accountant, take all your tax info (1099 forms, any evidence for deductions, etc) and have them help you prepare the filings. Hopefully you don’t owe anything. If you’re the one who raises this with the IRS they’re very likely to be willing to work with you and are unlikely to take any action against you. Maybe a mild fine. The worst case is if you get flagged for an audit and the this all comes up. Then you’re dealing with a very unsympathetic IRS agent whose default assumption is that you’re been deliberately evading taxes. This is not what you want. Get your shit together and file back taxes ASAP.

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