Category: Tax Related Questions
See our most common tax related questions.
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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, 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 2, 2020Can I still claim my prior year tax refund?
Many taxpayers are unaware that even if they missed a certain tax deadline, they can still claim a tax refund. However, there is a limitation on the amount of tax years going back. The IRS has a three-year statute of limitations on claiming a prior year tax refund. You must claim the prior year tax […]
adminNov 2, 2020How do I pay my taxes to the IRS?
If you have an outstanding tax due to the IRS, here’s how to pay. You can pay your taxes online to the IRS going back to tax year 2000 for your Form 1040, 1040A, or 1040EZ. Keep in mind, there may be fees to using your debit or credit card. Click here to go to […]
adminNov 2, 2020How do I receive my tax refund?
The difference in receiving your tax refund is whether or not you are filing a current year tax return or a prior year tax return. When filing a current year tax return, you have the option to electronically file your return. This means that you can enter valid bank information such as your routing and […]
adminOct 30, 2020Can I Still E-file?
E-filing offers a convenient and rapid way to submit your federal and state tax returns. Generally, you can electronically file your current year tax return and the two previous tax years. For instance, during the 2025 tax season, our services allow for the e-filing of returns for tax years 2024, 2023, and 2022. E-Filing Deadlines […]
adminJul 2, 2018If I received a refund from the IRS, can I expect a refund from my state also?
If you receive a refund from the IRS on your federal tax return, you can most likely expect a refund on your state return as well, though this is by no means assured. Though there is a general correlation between refunds on the federal and state levels, it is entirely possible you could end up […]
adminJul 2, 2018Who must file taxes?
Whether you must file taxes depends on several factors, including your gross income, filing status, age, and whether you are a claimed as a dependent. For most U.S. citizens and permanent residents, the requirement to file is based on you gross income relative to the standard deduction for your filing status and age. The gross […]
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