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Jan 21, 2021What if I cannot pay all of my prior year taxes?
You can arrange a payment plan (Form 9465) with the IRS if you meet certain requirements to pay prior year taxes. The IRS has indicated that you’re eligible for a guaranteed installment agreement if the tax you owe isn’t more than $10,000 and: During the past five tax years, you (and your spouse if filing […]
adminJan 21, 2021Will I have to pay a penalty for filing late?
There is a failure to file penalty (also known as the late filing penalty) for taxpayers who file after the April 15 deadline. However, this only affects those who owe the IRS taxes. If you have a refund, you are not subject to any penalties. You are subject to: 5% of unpaid tax per month […]
adminJan 21, 2021Can I find out which tax year I did not file?
In order to determine which tax year you did not file, you must contact the IRS and request your tax returns for the last seven years. You can reach the IRS at 800-829-1040 or go to the IRS.gov website to access an online account. Copies of forms 1040 such as 1040A, 1040EZ, and 1040-SR are […]
adminJan 21, 2021Do I have to finish my return in one session?
No, you do not. You can proceed through our application as quickly or slowly as you please. If you need to stop or take a break you can exit and reenter at a later time to complete your return. Our system stores the information you enter whenever you click “Save & Go” in the lower […]
adminJan 21, 2021When will I receive my refund?
Priortax is not in control of when you receive your tax refund. Once you’ve submitted your tax return, and it has been accepted by the IRS, the timing of when you should expect your refund is dependent on the agency. On average, e-filers who requested a direct deposit can expect their money in less than […]
adminNov 25, 2020How to Amend a Tax Return
If you made a mistake and already filed your tax return, rest assured, you can still make changes. However, you must file an amended tax return, also known as a Form 1040X. This form will indicate all the changes you make to the tax return accepted by the IRS. If you have a current year […]
adminNov 25, 2020How do I make changes after submission?
Prior year taxes If you submitted your tax information to us, you can make changes to your account as long as you haven’t mailed your tax return to the IRS. However, if you have already mailed your taxes to the IRS, you will need to file an amendment (Form 1040X) with us to update your […]
adminNov 25, 2020How do I file my tax return online?
For prior year tax returns, the e-file and extension deadline has passed since October 15. You are now required to paper file your tax return. This means that you must print, sign and mail your tax return to the IRS and state. For current year tax returns, as long as it hasn’t passed the e-file […]
adminNov 23, 2020Tax return delivery
The typical turnaround time for prior year tax returns are one to two business days if it is a complex return. Otherwise, it will be available for download right away after submission. If you’re preparing a current year tax return, we will be e-file your taxes right after submission. However, if we have any questions […]
adminNov 23, 2020Can I still claim a state tax refund?
In order to file your state return, you will first need to find out your state laws. In some cases, you can still claim a tax refund for previous tax years for your state. For example, New York State allows you to claim refunds going back three tax years of the original due date. You […]
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