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Stephen G.
Stephen G., Sr Income Tax Expert
Category: Tax
Satisfied Customers: 6239
Experience:  Extensive Experience with Tax, Financial & Estate Issues
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how can affect me since i havent been filed my taxes since

Resolved Question:

<p>I  HAVENT FILED MY TAXES FOR 7YRS. FOR THESE 7YEARS MY JOB HAS PAID ME IN CASH BUT I WANT TO FILE MY TAX THIS YEAR, STILL RECEIVE CASH.</p><p>HOW CAN IT AFFECT ME SINCE I HAVENT DONE MY INCOME TAX FOR 7 YEARS AND NOW I WANT TO FILE MY INCOME TAX.  I HAVE NO DEPENDENTS.. AND WHAT WOULD HAVE  HAPPENED IF I WOULD HAVE ANY DEPENDENT IN THIS SAME SCENARIO?</p><p> </p><p>PLEASE ADVICE!</p>
Submitted: 5 years ago.
Category: Tax
Expert:  Stephen G. replied 5 years ago.

Stephen E. Grizey :

Hi & thanks for using our service. I'll do my best to give you a complete & accurate answer. Please ask me to clarify anything you don't understand.

Stephen E. Grizey :

How much did you receive in cash in 2010?

Stephen E. Grizey :

What type of work generated this income.

Stephen E. Grizey :

Are you a US Citizen?

Stephen E. Grizey :

How old are you?

Customer :

hi

Customer :

I received 14,300 aproximally in 2010.

Customer :

I am a mechanic.

Customer :

im 38 yrs old/

Stephen E. Grizey :

Are you a US citizen?

Customer :

yes, I am

Stephen E. Grizey :

Well, you will owe some income tax, but also social security tax of $2,100. Income tax will depend upon your deductions

Stephen E. Grizey :

What is it you want to know? The IRS go back to earlier years also & ask how you were supporting yourself if you didn't make any income & file tax returns

Customer :

what does $ 2,100 mean for social security?

Stephen E. Grizey :

self-employment tax

Customer :

Does IRS make any other type of deduction on my cash>?

Stephen E. Grizey :

What do you mean?

Stephen E. Grizey :

Are you allowed any deductions/

Customer :

why will i own money to IRS if i get paid in cash and there is not federal/ state deduction on it?

Stephen E. Grizey :

Because if you work "under the table" you are still responsible for your income tax & social security tax & state income tax.

Stephen E. Grizey :

Evidently the person you work for isn't doing the right thing & treating you like a regular employee.

Stephen E. Grizey :

But that doesn't excuse you.

Customer :

I see

Stephen E. Grizey :

so you are lucky you haven't been caught yet

Customer :

do you stil recommend me to file my 7 prior years income taxes? i have 7 yrs without filing any.

Customer :

even if i have to pay to IRS?

Stephen E. Grizey :

where are you going to get the money for that

Customer :

will it be a lot of money huh

Stephen E. Grizey :

yes

Customer :

so you dont recommend me not to file?

Stephen E. Grizey :

you should go to a local account & get started wit the 2010 & then decide what to do

Customer :

what about if my job gives me a w2 form to report my income?

Stephen E. Grizey :

I can only tell you you should file; it is the law;

Stephen E. Grizey :

but i can't tell you what to do; that's your decision

Stephen E. Grizey :

they wont give you a W2 for what you've already done

Customer :

if i get a w2 form from this job and i decide to file my 2010. will i be still charged from the IRS for not filing previous years?

Customer :

let see i get a w2 from another job

Stephen E. Grizey :

You cant get a W2 if they paid you in cash & didn't take out takes

Customer :

let's say I have a new job and i get w2 form from them.. do i still have to pay back to IRS for not filing previous years?

Stephen E. Grizey :

yes, if they catch you

Customer :

ok... got it

Stephen E. Grizey :

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