this post was submitted on 16 Dec 2023
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35
I didn't do my taxes(USA) for 2 years (hexbear.net)
submitted 2 years ago by UhhhDunkDunk@hexbear.net to c/askchapo@hexbear.net
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As title says, past two years I didn't submit my taxes- Was very emotionally overwhelmed, essentially had a sibling who was dying, it was incredibly stressful and I was in a grad program...managed to complete the grad program and be there for family, but just could handle getting it done for some reason(not knowing what i was supposed to do with grad loans and stuff probably was a piece). Now, I'm trying to get it together especially before this next years are due. Any advice, anyone been in a situation like this before? Am I totally fucked? I also pulled money out of a retirement account to pay bills, and think I ended up paying taxes 2x on it- again, any advice? Anyone know how to go about trying to recover from a screw up like this?

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[–] came_apart_at_Kmart@hexbear.net 4 points 2 years ago

a lot of w-2 (not independent contractors) workers, my guess would be most, already overpay their taxes through the withholding scheme where the employer holds back some portion of wages and submits it to the government on the workers' behalf. low income wage workers file their taxes to get something back, usually from various credit programs like earned income or children/dependents etc.

i had an ex that thought they were sticking it to the man by not "doing" their taxes for like 6 years, when all they really did was miss out on like a few grand in refunds over the years.