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Level 2
April 15, 2023
Question

Self-employed client needs years '17, '18, '20, and '21 filed. How far back can we file taxes for self employed individuals?

  • April 15, 2023
  • 4 replies
  • 24 views

Self-employed client needs years '17, '18, '20, and '21 filed. How far back can we file taxes for self employed individuals? They will definitely have to pay, but they want to be able to write off their expenses?

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4 replies

Skylane
Intuit Community Champion
April 15, 2023

Take a retainer but yes, they can write off their expenses. IRS will assess P&I…any chance there’s a revenue agent involved?

If at first you don’t succeed…..find a workaround
dkh
Level 15
April 15, 2023

Did they file the 2019 so they could get stimulus money? 

Level 8
April 16, 2023

Returns are open with IRS generally for 10 years. After 3 years they may not get the refund but, if they owe, they will have penalties for failure to file, failure to pay and interest.

Absolutely get a retainer that will cover prep and filing fees before you do any prep.

sjrcpa
Level 15
April 16, 2023

The statute doesn't start to run until you file.

The more I know the more I don’t know.
sjrcpa
Level 15
April 16, 2023

@JOSEJARAG As of today, you can efile 2022, 2021, and 2020 2022. Earlier years need to be paper filed.

The more I know the more I don’t know.
BobKamman
Level 15
April 16, 2023

Why does the client "need" these?  Is there an immigration issue involved?