taxq[at]dodgeit.com wrote:

- quote -

You have three years from the original due date of the
return or two years from the date of paymentm, whichever is
later, to claim a refund. If you missed that deadline, it's
a dead loss. It's not deductible anywhere.

--
D.F. Manno
dfm2a3l0t2[at]spymac.com
"The work goes on, the cause endures, the hope still lives
and the dream will never die."

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<taxq[at]dodgeit.com> wrote:

- quote -

you wouldn't file amended returns, since you hadn't filed
original returns

you would file original returns for open years as to refunds

you might also want to file original returns for all the
years, that will start the staute of limitations running so
those tax years can ultimately be closed,,,otherwise, in the
absence of returns ever being filed by you for any given tax
year that you should have, that year remains open as long as
you live, even if the irs filed a "substitute for return"
for you for that tax year

i think you will find you will have no deductible amounts
for your tax returns for the "some of these overpayments"
you mention

probably doesn't happen anymore since the irs is automated
now but heard in the old days people filed returns for tax
years closed for refund and still got irs refund checks,
cashed them, and never heard anything else from the irs
about it, this may or may not be true

consider hiring a professional (e.g. cpa, etc.) to assist
you with your tax matters

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It is too late for all but the last three tax years. If you
do not file in the alloted time, you forfeit the refunds.
You may not deduct the amounts in any year.

Missy Doyle

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taxq[at]dodgeit.com wrote:

- quote -

As someone here mentioned recently, failure to claim a
refund within three years is, in effect, a gift to the
federal government. Aren't gifts to the government
deductible?

After all, the IRS has gone after people claiming that, if a
person failed to pay tax and the year is now closed, he had
taxable income in the year the statute of limitations
expired. So what's good for the goose...

Stu

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The subject line pretty much says it all.

I over-paid my taxes in a several past years, but didn't
file returns. Now playing catch-up; but some of these
overpayments are beyond the period for filing amended
returns: i.e., the money is (apparently) lost.

Is there any way to deduct these losses against later
income? If so, what year -- within the currently 'allowed'
filing period -- can I use for the deduction, and where on
the form can I claim it?

Trying to get it right,
TaxQ

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