In 2002 I got laid off, then shortly after I got divorced. 2001 Taxes: My ex had filed an extension for both of us, shortly before the divorce After the divorce; she said she decided to file separately. Because I was a bit in a daze, I never followed up with the IRS. I didn't start working again until late 2003. I have never went to anyone to re-visit that 2001 return. Any thoughts? Am I really going to get an IRS visit 10 'more' years from now, like they are just waiting for the 'right' time to audit me? I almost feel like I will never hear from anyone ever.
Hi and welcome to Just Answer!Several issues...1.Because you did not file the 2002 tax return before the due date (including extension) - the fact of filing an extension is not relevant anymore.2.Possible outcome depends if your withholding in 2001 was more or less that your actual tax liability - which you may only calculate by preparing your 2001 tax return.3.If your withholding in 2001 was MORE that your actual tax liability - there is the three years statute of limitation to claim a refund - so even if you file a tax return now and will be entitled for a refund - the IRS will not issue any check because the statute of limitation was run out.4.Because the tax return was never filed - the statute of limitation for the IRS to assess additional tax liability is not applied - and generally - if your withholding in 2001 was LESS that your actual tax liability - the IRS may legally assess that liability and penalties - but they rare do so after three years. So from practical point of view - you should not expect any issues and I would not worry..5.If you have information about your income back in 2001 - I might suggest to estimate your tax liability - just for self-assessment Here are the tax form and instructions if you decide to do so.
Let me know if you need any help.
I believe I would have owed about 1,700 because of the divorce
Okay, so basically it's unlikely to get a nasty IRS letter since it's now 10 years and they usually 'act' within 3 years?
So - as I said - the IRS has all information about your income and withholding - generally you should receive a collection notice long ago. The fact that you have not receive such notice - most likely means - the IRS decided not to pursue it and we do not know the reason.Because the statute of limitation doesn't apply here - legally - the IRS MIGHT start collection any time - but considering teh time period I do not expect they would.
Yes - very unlikely.
I figured that it would be that 'gray' area; I understand
You are welcome.