To file prior year taxes, you'll need to meet specific conditions and requirements. Here's what you need to know:
Who Needs to File Prior Year Taxes?
Individuals who didn't file a federal income tax return for previous years and meet certain income thresholds
Those who owe special taxes, such as self-employment tax, alternative minimum tax, or household employment taxes
Individuals who received distributions from health savings accounts, Archer MSAs, or Medicare Advantage MSAs
Those who received an advance payment of the Premium Tax Credit
Conditions for Filing Prior Year Taxes
You can file taxes from previous years if you didn't meet the filing requirements, but it's recommended to file anyway to claim refunds or credits
The IRS can take action against those with unfiled tax returns, including penalties and interest
If you owe taxes, filing as soon as possible can help avoid additional penalties and interest
Our experienced team is dedicated to providing personalized tax solutions. By visiting our office, you'll receive expert guidance and support to effectively address your tax situation and achieve a favorable outcome.
Gather necessary documents, including wage and income transcripts from the IRS, self-employment income records, and investment income statements
Complete the tax return accurately using H&R Block software or consult a tax professional
Submit the return to the applicable IRS unit and monitor return processing