Thursday, December 3, 2009

How can i do my 2006 tax return and apply it to 2007?

can i do it online are do i take it somewheres becuse i did not file my 2006 tax return and i want to do both together and will i get last years plus this years?How can i do my 2006 tax return and apply it to 2007?
Sorry





You cannot file 2006 online. AND, unfortunately, if you are due a refund, applying it to 2007 only means they will delay your 2007 refund because they must first process your 2006 return before they KNOW you applied it to 2007. This will take at least 6-8 weeks and could be longer.





Also, they will most likely hold your 2007 refund because 2006 hasn't been filed. Better hurry and get 2006 filed, but do them both at the same time. That way, IF you happen to owe tax in 2007, you can apply any refund you might possibly have from 2006. This might wipe out any tax due for 2007 AND keep you from getting hit with a penalty.





Good Luck!


http://www.TaxEfilers.comHow can i do my 2006 tax return and apply it to 2007?
Only 2007 can be efiled.





You maybe able to prepare your 2006 tax return online or by using software purchased from a site (check the system requriements before purchasing. If you are running Vista, the programs won't run). But in the end, you will print it and mail it in.





If your taxes are simple, the forms are at IRS.GOV by typing 2006 in the search box.





You can file your 2007 return now. The IRS may or may not ';hold'; your refund until the 2006 return is filed and processed. Any refund for each year would be mailed separately to you.

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