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I didn't do my taxes(USA) for 2 years (hexbear.net)

submitted 2 years ago by UhhhDunkDunk@hexbear.net to c/askchapo@hexbear.net

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As title says, past two years I didn't submit my taxes- Was very emotionally overwhelmed, essentially had a sibling who was dying, it was incredibly stressful and I was in a grad program...managed to complete the grad program and be there for family, but just could handle getting it done for some reason(not knowing what i was supposed to do with grad loans and stuff probably was a piece). Now, I'm trying to get it together especially before this next years are due. Any advice, anyone been in a situation like this before? Am I totally fucked? I also pulled money out of a retirement account to pay bills, and think I ended up paying taxes 2x on it- again, any advice? Anyone know how to go about trying to recover from a screw up like this?

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[–] Hexbear2@hexbear.net 10 points 2 years ago

If you are in usa and you overpaid on with-holding, then you are fine. You file previous year to get your refunds. If you had owed, you will pay a penalty. Pay them ASAP, the penalty could accrue interest.