Didn do taxes past two years – am I screwed?
file 06 and 07 before filing 2008, once you mail them in (can’t e-file only current year) then wait two weeks or more to file 2008, you can recovery the stimulus on your 2008 visit IRS website www.irs.gov and read the recovery rebate payment on how to recover the payment. IRS will offset you 2008 refund to pay the amount you owe and if any remaining money it will be refunded to you. good luck, and file now before IRS files for you. You don’t want IRS filing for you because IRS files tax return at a higher tax rate. don’t fall for the ones that tell you that you have three years to file, because IRS does not know if you are due a refund or owe. And if your 2006 and 2007 are not filed and you file 2008 IRS has a new program “REFUND HOLD” and the refund hold program will hold the refund until you have all your delinquent tax returns filed, there is no way around it.
