{"id":46,"date":"2023-03-18T23:32:22","date_gmt":"2023-03-18T23:32:22","guid":{"rendered":"https:\/\/www.pargofinancial.com\/blog\/?p=46"},"modified":"2023-05-05T22:49:45","modified_gmt":"2023-05-05T22:49:45","slug":"how-to-deal-with-a-past-due-tax-return","status":"publish","type":"post","link":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/","title":{"rendered":"How To Deal With a Past-Due Tax Return"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-left\">   Filing past-due tax returns, could seem like a daunting task .  \u201cBetter late than never\u201d applies when it comes to filing past-due income tax returns. Here\u2019s what you should know.  Maybe you didn\u2018t get your 1040 done in time in a previous year and you figured you couldn\u2019t still file your income taxes. Or perhaps, you thought you\u2019d owe money that you didn\u2019t have. Or perhaps you simply forgot. The IRS knows that people file late sometimes, and it has systems in place to deal with that. However, its absolutely critical that you file every year, for a variety of very good reasons.<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-left\">  Consequently, Un-filed tax returns means that you might:<br><br> <a href=\"https:\/\/www.irs.gov\/payments\/payment-plans-installment-agreements\" target=\"_blank\" rel=\"noreferrer noopener\">Accrue interest and penalties.<\/a><br>Miss out on a refund (you can claim a refund for up to three years after the return due date).<br> Jeopardize your Social Security benefits. If you\u2019re self-employed and don\u2019t file, you will not be credited for income that year.<br>Have an issue if you can\u2019t supply a tax return to a potential lender.<br>File It ASAP<br>As soon as you realize you have a past-due tax return, you should prepare and file it. You can find forms and instructions from prior years here.<br><br> Past Due Tax Return Tips<br> Missed a filing deadline from a previous year, you can find the forms you need on the <a href=\"http:\/\/irs.gov\" target=\"_blank\" rel=\"noreferrer noopener\">IRS website<\/a>.<br><br>If you can\u2019t pay what you owe when you file, you can ask for an additional 60-120 days to fulfill your financial obligation. If that\u2019s not enough time and\/or you\u2019re going to need to pay in installments, you can apply for an IRS Payment Plan.<br><br><strong>What If You Don\u2019t File?<\/strong><br>Consequently, the IRS may file a substitute return for you. If this happens, you may not get all of the deductions and credits that you should. So we advise you to still file a tax return that includes everything, even if the IRS already prepared a substitute return. The agency usually adjusts the return they created to reflect credits, deductions, and exemptions when they\u2019re made aware of them.<br><br>However, IRS will notify you if the agency files a substitute return. You\u2019ll receive a Notice of Deficiency (CP3219N), otherwise known as a 90-day letter, which gives you 90 days to either file your return or submit a petition to Tax Court.<br><br>If you fail to do either of those things, the IRS will go ahead with its proposed assessment, which will, of course, trigger a tax bill.  Futhermore,failure to pay it will result in your account going into the collection process. This can include the filing of a federal tax lien or a levy on your bank account or wages. If you continue to ignore the bill, you may be subject to additional penalties and\/or criminal prosecution.<br><br>Potential Problems<br>You may find as you\u2019re preparing your return that you need additional information. For example, you might need information from a tax return filed in a prior year. If that happens, you can use the IRS\u2019 Get Transcript service. Or maybe you\u2019re missing wage and other income information from the year of the return you\u2019re filing.  Luckily, you can always contact your employer or other source of income. Or you can complete an IRS Form 4506-T, Request for Transcript of Tax Return and check Box 8. The agency can provide data from Form W-2, Form 1099 and 1098 series, and Form 5498 series.<br><br> Unfiled- Tax Return Tips<br>The IRS offers a service that provides you with wage and income data from several types of forms.<br><br>Where to Send Your Past-Due Return<br>If you realized on your own that you didn\u2019t file a return and wish to file it, you should send it the same way and to the same address that was originally indicated. If you received a notice, though, submit it to the address provided on it. The IRS says it takes roughly six weeks to process a completed past-due return.<br><br>In conclusion, any correspondence from the <a href=\"https:\/\/www.pargofinancial.com\/blog\/cant-pay-your-income-taxes-some-solutions\/\" target=\"_blank\" rel=\"noreferrer noopener\">IRS<\/a> can create a lot of anxiety, as can realizing you missed a tax deadline, perhaps by a lot. We encourage you to contact us if you\u2019re at all concerned about a return you didn\u2019t file. We can help you understand what your options are and how to proceed. Our firm can also help with tax planning throughout the year, so you don\u2019t have to deal with a past-due return again.<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"612\" height=\"408\" data-id=\"81\"  src=\"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/05\/istockphoto-1337190255-612x612-2.jpg\" alt=\"\" class=\"wp-image-81\" srcset=\"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/05\/istockphoto-1337190255-612x612-2.jpg 612w, https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/05\/istockphoto-1337190255-612x612-2-300x200.jpg 300w\" sizes=\"(max-width: 612px) 100vw, 612px\" \/><figcaption class=\"wp-element-caption\">Filing Past-Due Tax Returns<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex\"><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Filing past-due tax returns, could seem like a daunting task . \u201cBetter late than never\u201d applies when it comes to filing past-due income tax returns. Here\u2019s what you should know. Maybe you didn\u2018t get your 1040 done in time in a previous year and you figured you couldn\u2019t still file your income taxes. Or perhaps, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.9 (Yoast SEO v20.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How To Deal With a Past-Due Tax Return - Pargo Financial LLC<\/title>\n<meta name=\"description\" content=\"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Deal With a Past-Due Tax Return\" \/>\n<meta property=\"og:description\" content=\"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\" \/>\n<meta property=\"og:site_name\" content=\"Pargo Financial LLC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100089794645751\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-18T23:32:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-05T22:49:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/05\/istockphoto-1337190255-612x612-2.jpg\" \/>\n<meta name=\"author\" content=\"Steven Pargo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pargofinancial\" \/>\n<meta name=\"twitter:site\" content=\"@pargofinancial\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steven Pargo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\"},\"author\":{\"name\":\"Steven Pargo\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/59f91efe77a15ab5b736cbe85aa0816c\"},\"headline\":\"How To Deal With a Past-Due Tax Return\",\"datePublished\":\"2023-03-18T23:32:22+00:00\",\"dateModified\":\"2023-05-05T22:49:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\"},\"wordCount\":756,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#organization\"},\"articleSection\":[\"Individual Taxes\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\",\"url\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\",\"name\":\"How To Deal With a Past-Due Tax Return - Pargo Financial LLC\",\"isPartOf\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#website\"},\"datePublished\":\"2023-03-18T23:32:22+00:00\",\"dateModified\":\"2023-05-05T22:49:45+00:00\",\"description\":\"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.pargofinancial.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How To Deal With a Past-Due Tax Return\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#website\",\"url\":\"https:\/\/www.pargofinancial.com\/blog\/\",\"name\":\"Pargo Financial LLC\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pargofinancial.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#organization\",\"name\":\"Pargo Financial LLC\",\"url\":\"https:\/\/www.pargofinancial.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/03\/logo.png\",\"contentUrl\":\"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/03\/logo.png\",\"width\":500,\"height\":99,\"caption\":\"Pargo Financial LLC\"},\"image\":{\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=100089794645751\",\"https:\/\/twitter.com\/pargofinancial\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/59f91efe77a15ab5b736cbe85aa0816c\",\"name\":\"Steven Pargo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fa1a3e094858df3d6d3b075cc4d4c37d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fa1a3e094858df3d6d3b075cc4d4c37d?s=96&d=mm&r=g\",\"caption\":\"Steven Pargo\"},\"sameAs\":[\"https:\/\/pargofinancial.com\"],\"url\":\"https:\/\/www.pargofinancial.com\/blog\/author\/pargoblog\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How To Deal With a Past-Due Tax Return - Pargo Financial LLC","description":"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/","og_locale":"en_US","og_type":"article","og_title":"How To Deal With a Past-Due Tax Return","og_description":"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming","og_url":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/","og_site_name":"Pargo Financial LLC","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100089794645751","article_published_time":"2023-03-18T23:32:22+00:00","article_modified_time":"2023-05-05T22:49:45+00:00","og_image":[{"url":"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/05\/istockphoto-1337190255-612x612-2.jpg"}],"author":"Steven Pargo","twitter_card":"summary_large_image","twitter_creator":"@pargofinancial","twitter_site":"@pargofinancial","twitter_misc":{"Written by":"Steven Pargo","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#article","isPartOf":{"@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/"},"author":{"name":"Steven Pargo","@id":"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/59f91efe77a15ab5b736cbe85aa0816c"},"headline":"How To Deal With a Past-Due Tax Return","datePublished":"2023-03-18T23:32:22+00:00","dateModified":"2023-05-05T22:49:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/"},"wordCount":756,"commentCount":2,"publisher":{"@id":"https:\/\/www.pargofinancial.com\/blog\/#organization"},"articleSection":["Individual Taxes"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/","url":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/","name":"How To Deal With a Past-Due Tax Return - Pargo Financial LLC","isPartOf":{"@id":"https:\/\/www.pargofinancial.com\/blog\/#website"},"datePublished":"2023-03-18T23:32:22+00:00","dateModified":"2023-05-05T22:49:45+00:00","description":"Learn how to file past tax returns and get back in compliance with the IRS and state, Un-filed tax returns can be overwelming","breadcrumb":{"@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pargofinancial.com\/blog\/how-to-deal-with-a-past-due-tax-return\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pargofinancial.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How To Deal With a Past-Due Tax Return"}]},{"@type":"WebSite","@id":"https:\/\/www.pargofinancial.com\/blog\/#website","url":"https:\/\/www.pargofinancial.com\/blog\/","name":"Pargo Financial LLC","description":"","publisher":{"@id":"https:\/\/www.pargofinancial.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pargofinancial.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.pargofinancial.com\/blog\/#organization","name":"Pargo Financial LLC","url":"https:\/\/www.pargofinancial.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/03\/logo.png","contentUrl":"https:\/\/www.pargofinancial.com\/blog\/wp-content\/uploads\/2023\/03\/logo.png","width":500,"height":99,"caption":"Pargo Financial LLC"},"image":{"@id":"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100089794645751","https:\/\/twitter.com\/pargofinancial"]},{"@type":"Person","@id":"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/59f91efe77a15ab5b736cbe85aa0816c","name":"Steven Pargo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pargofinancial.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fa1a3e094858df3d6d3b075cc4d4c37d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fa1a3e094858df3d6d3b075cc4d4c37d?s=96&d=mm&r=g","caption":"Steven Pargo"},"sameAs":["https:\/\/pargofinancial.com"],"url":"https:\/\/www.pargofinancial.com\/blog\/author\/pargoblog\/"}]}},"_links":{"self":[{"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/posts\/46"}],"collection":[{"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":23,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/posts\/46\/revisions"}],"predecessor-version":[{"id":124,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/posts\/46\/revisions\/124"}],"wp:attachment":[{"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/media?parent=46"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/categories?post=46"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pargofinancial.com\/blog\/wp-json\/wp\/v2\/tags?post=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}