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  #5  
Old 02-19-2007, 06:01 PM
Mihir
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Posts: n/a
Default Re: Last year + This Year

"Phil Marti" <prm20...[at]verizon.net> wrote:
- quote -

> "Mihir Kakkad" <kak...[at]usc.edu> wrote:

> > I know this might sound silly but I still have not filed my
> > taxes for last year. I filed an extension but didn't quite
> > file up my taxes even after the extension. I do NOT owe any
> > money to the government and just have to take some amount as
> > refund as I am still a student at USC. How do I go about
> > filing my taxes for this year and the past year?


> You can get 2005 forms and instructions atwww.irs.gov. You
> need to file separate returns for 2005 and 2006, on the
> appropriate forms.
> You might check for a local VITA site since it sounds like
> your income is low enough to qualify for this free service.
> Around Mid-March, when things are slow, they could probably
> do both years for you. If you can't find any information
> about VITA sites call 1-800-829-1040 and ask to be directed
> to your area's VITA/TCE coordinator.


Thanks a lot for your time Phil. I appreciate your help.
I will surely check for a local VITA site.

Thanks again.

Regards,
MK

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #4  
Old 02-19-2007, 06:01 PM
Mihir
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Posts: n/a
Default Re: Last year + This Year

"Herb Smith" <smithf...[at]aol.com> wrote:
- quote -

> Mihir Kakkad <kak...[at]usc.edu> wrote:

> > I know this might sound silly but I still have not filed my
> > taxes for last year. I filed an extension but didn't quite
> > file up my taxes even after the extension. I do NOT owe any
> > money to the government and just have to take some amount as
> > refund as I am still a student at USC. How do I go about
> > filing my taxes for this year and the past year? Should they
> > be similar forms with just different values? or do I need to
> > fill in a separate form as I am late? Can anybody help me
> > with this.... Would filing my taxes be too complicated a
> > procedure this year? and do i need to seek professional
> > advice? or can i do it personally?


> Collect all your income and deduction data for 2005 and
> 2006. Sit down and sort into two piles, one for each year.
> Go towww.irs.govand download the 2005 forms you will need.
> You can get the 2006 forms at your local library.
> Fill out the 2005 forms, put in envelope, add stamp and mail
> to the address on the back of the 1040 instruction booklet.
> Do the same for the 2006 forms.
> Wait for your refund checks.
> Now don't you feel better?


So I just need to follow the same procedure for both the
years and do not need to worry o add any new forms for my
last years return, correct?

Thanks a lot for your time, and yessss.. I do feel a lot
better looking at that reply

Regards,
MK

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #3  
Old 02-19-2007, 01:32 AM
DORFMONT@aol.com (Linda Dorfmont)
Guest
 
Posts: n/a
Default Re: Last year + This Year

"Herb Smith" <smithf...[at]aol.com> wrote:
- quote -

> Mihir Kakkad <kak...[at]usc.edu> wrote:

> > I know this might sound silly but I still have not filed my
> > taxes for last year. I filed an extension but didn't quite
> > file up my taxes even after the extension. I do NOT owe any
> > money to the government and just have to take some amount as
> > refund as I am still a student at USC. How do I go about
> > filing my taxes for this year and the past year? Should they
> > be similar forms with just different values? or do I need to
> > fill in a separate form as I am late? Can anybody help me
> > with this.... Would filing my taxes be too complicated a
> > procedure this year? and do i need to seek professional
> > advice? or can i do it personally?


> Collect all your income and deduction data for 2005 and
> 2006. Sit down and sort into two piles, one for each year.
> Go towww.irs.govand download the 2005 forms you will need.
> You can get the 2006 forms at your local library.
> Fill out the 2005 forms, put in envelope, add stamp and mail
> to the address on the back of the 1040 instruction booklet.
> Do the same for the 2006 forms.
> Wait for your refund checks.
> Now don't you feel better?


Always willing to help out a fellow Trojan. (Marshall School
'75, MBA) If you want in person help, you can come to the
Wiseburn Library in Hawthorne on Wednesday, March 14 at
6:00. I run a free public tax workshop for people in your
situation. Don't feel bad about late filing. I still have 3
clients who haven't filed for 2004 and 5 more for 2006. Some
of them only file when they get a wage levy from the
Franchise Tax Board - and they get refunds!

Wiseburn Library
5335 W. 135th St.
Hawthorne, CA 90250

Linda Dorfmont E.A., CFP, CSA

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #2  
Old 02-19-2007, 01:32 AM
joetaxpayer
Guest
 
Posts: n/a
Default Re: Last year + This Year

Mihir Kakkad wrote:

- quote -

> I know this might sound silly but I still have not filed my
> taxes for last year. I filed an extension but didn't quite
> file up my taxes even after the extension. I do NOT owe any
> money to the government and just have to take some amount as
> refund as I am still a student at USC. How do I go about
> filing my taxes for this year and the past year? Should they
> be similar forms with just different values? or do I need to
> fill in a separate form as I am late? Can anybody help me
> with this.... Would filing my taxes be too complicated a
> procedure this year? and do i need to seek professional
> advice? or can i do it personally?


You need to file your '05 return. You can go to irs.gov and
get the forms you'll need, if you are a student it shouldn't
be complicated. You should be able to do it yourself, I take
it you had some income and taxes withheld, but as a student,
maybe can be claimed as a deduction by your parents? If you
are still lost, post the items (not the dollars just list,
e.g. earned income, paid some federal/state tax, etc) and
someone will tell you exactly what forms to seek. The forms
are different each year, and are dated. You might consider
eBay for "turbotax 2005". Going for less than $10. And worth
saving the time on the forms.

JOE

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #1  
Old 02-18-2007, 11:14 AM
Herb Smith
Guest
 
Posts: n/a
Default Re: Last year + This Year

Mihir Kakkad <kak...[at]usc.edu> wrote:

- quote -

> I know this might sound silly but I still have not filed my
> taxes for last year. I filed an extension but didn't quite
> file up my taxes even after the extension. I do NOT owe any
> money to the government and just have to take some amount as
> refund as I am still a student at USC. How do I go about
> filing my taxes for this year and the past year? Should they
> be similar forms with just different values? or do I need to
> fill in a separate form as I am late? Can anybody help me
> with this.... Would filing my taxes be too complicated a
> procedure this year? and do i need to seek professional
> advice? or can i do it personally?


Collect all your income and deduction data for 2005 and
2006. Sit down and sort into two piles, one for each year.
Go to www.irs.gov and download the 2005 forms you will need.
You can get the 2006 forms at your local library.

Fill out the 2005 forms, put in envelope, add stamp and mail
to the address on the back of the 1040 instruction booklet.

Do the same for the 2006 forms.
Wait for your refund checks.

Now don't you feel better?

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 
Old 02-18-2007, 11:14 AM
Phil Marti
Guest
 
Posts: n/a
Default Re: Last year + This Year

"Mihir Kakkad" <kakkad[at]usc.edu> wrote:

- quote -

> I know this might sound silly but I still have not filed my
> taxes for last year. I filed an extension but didn't quite
> file up my taxes even after the extension. I do NOT owe any
> money to the government and just have to take some amount as
> refund as I am still a student at USC. How do I go about
> filing my taxes for this year and the past year?


You can get 2005 forms and instructions at www.irs.gov. You
need to file separate returns for 2005 and 2006, on the
appropriate forms.

You might check for a local VITA site since it sounds like
your income is low enough to qualify for this free service.
Around Mid-March, when things are slow, they could probably
do both years for you. If you can't find any information
about VITA sites call 1-800-829-1040 and ask to be directed
to your area's VITA/TCE coordinator.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 02-18-2007, 07:31 AM
Mihir Kakkad
Guest
 
Posts: n/a
Default Last year + This Year

I know this might sound silly but I still have not filed my
taxes for last year. I filed an extension but didn't quite
file up my taxes even after the extension. I do NOT owe any
money to the government and just have to take some amount as
refund as I am still a student at USC. How do I go about
filing my taxes for this year and the past year? Should they
be similar forms with just different values? or do I need to
fill in a separate form as I am late? Can anybody help me
with this.... Would filing my taxes be too complicated a
procedure this year? and do i need to seek professional
advice? or can i do it personally?

Appreciate all the help in advance.

Thanks,
Mihir....

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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