tonesforjonesbones
Banned
- Joined
- Oct 17, 2007
- Messages
- 5,657
What if a significant number of Americans boycotted filing income tax in 2009? Could I get trouble for saying this? Well..I'm just wondering..that's all. Tones
What if a significant number of Americans boycotted filing income tax in 2009? Could I get trouble for saying this? Well..I'm just wondering..that's all. Tones
What would be your hoped for outcome? Not having enough revenue has not stopped Congress from spending more.
Most people have informational statements filed on them, like W-2s, 1099, K-1s. So that would not be wise. And if you had withholdings, they would get to keep your money.
If your work is not governmentally connected, you need to file to get it returned.
I am self employed (real estate agent), so no witholding and I really want to pull the plug on those jerks so bad....
What if a significant number of Americans boycotted filing income tax in 2009? Could I get trouble for saying this? Well..I'm just wondering..that's all. Tones
If you owe money, there are significant penalties for not filing. If they owe you, there are no penalties.
But, I can tell what happened in our instance...we didn't file because we were busy but I knew that we were owed so I didn't think it mattered. So, we got a letter from the IRS showing that according to their calculations we owed them $60,000. (Which was $3,000 plus penalties, fines and interest.) The letter said that if we didn't pay it or submit a form within 30 days they'd start collecting it.
Now, the IRS just doesn't ding your credit report. They'll clean out your bank account, your 401k, your retirement accounts, and then come after your wages.
Needless to say, that kicked my butt in motion. The reason that their number was so high is that they don't give you any deductions, except for the personal deduction. So the kids weren't included, nor was the purchase price of the house we sold, nor the buy prices of security trades.
I have thus far done much more for my government than my government has ever done for me. Moreover, I have done nothing to hurt the government, whereas the government has done a number of things to either hurt me directly or to facilitate someone else hurting me.
Your not supposed to ask what your government could do for you. You should ask the government if there is anything else you can do for it.
Sorry, but most people would be receiving refunds from the IRS---at least if you work for an employer who abides by the law and you don't lie about your withholdings.