North Atlantic
Member
(New York State)
Like a total idiot I have been procrastinating the filing of my taxes for various inexcusable reasons. The last year I filed was 2011. Due to a 1099-K filed in my name for 2014, the IRS has assessed me a huge tax bill because they do not have the offsetting expenses. They finally caught up to me and through notice CP504 demand that I pay the amount due or they intend to levy or seize my property, and I have 30 days to respond.
I know that this is not actually the final, formal action to levy, but I am unclear as to my options. They do give me the option to negotiate a payment plan, which doesn't help me much because I don't actually owe this huge amount of money.
My most pressing question - is it too late to file? Can I mail in my returns right now for 2012, 2013, and 2014, will they accept it, and if so what is the correct procedure?
I really hope the course of action is not to go to court, please help! Thank you in advance
Like a total idiot I have been procrastinating the filing of my taxes for various inexcusable reasons. The last year I filed was 2011. Due to a 1099-K filed in my name for 2014, the IRS has assessed me a huge tax bill because they do not have the offsetting expenses. They finally caught up to me and through notice CP504 demand that I pay the amount due or they intend to levy or seize my property, and I have 30 days to respond.
I know that this is not actually the final, formal action to levy, but I am unclear as to my options. They do give me the option to negotiate a payment plan, which doesn't help me much because I don't actually owe this huge amount of money.
My most pressing question - is it too late to file? Can I mail in my returns right now for 2012, 2013, and 2014, will they accept it, and if so what is the correct procedure?
I really hope the course of action is not to go to court, please help! Thank you in advance