If you filed an extension for 2007, you need to do your taxes by Oct 15 2008. If you didn’t, file your taxes right away to help minimize IRS penalties and interest.
What happens if I don't file a tax return at all?
You will receive a letter from the IRS requesting that an income tax return be filed, particularly if the IRS has W-2's, 1099's, or similar documents indicating that you had reportable income during the year. The IRS will then follow up with a tentative assessment of tax.
Can I prepare and file a late tax return for a prior tax year?
Yes. If you are preparing a late tax return for a previous tax year, you can use TurboTax to file a late return. TurboTax Online is available for prior tax years that includes Federal, State, and Business tax products.
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