Not reported taxes in years

[MrPink]

Alright, so I figure all the true tax nerds/gurus etc.. are really busy right now, but am going to post this anyway...

A friend (lets call him Ted) of mine has not reported taxes in years. Ted has been working various construction jobs and has been paid under the table. However, Ted has not been saving for retirement (and can't work construction forever) and since he has not reported taxable income in years am assuming that he won't be able to claim social security.

What would be the proper way to fix the situation or what would do to pull yourself out of this hole?

I think you would have to come clean with the IRS, but wonder what the ramifications would be (lets say he owns 50k in back taxes)...

 

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[Diane Kennedy]

Miv ni hiv vjot tvseohjv - zua gohasi vji citv xez vu hiv e sitqupti ot vu ci optamvoph?

 

[hakrjak]

O vjopl qiuqmi moli vjot ataemmz fsopl vjintimwit vu fievj cz ehi 50, us ipf aq op keom us foi ep iesmz fievj op tuni uvjis vsehod neppis. Vjiz fup'v hipisemmz piif vu xussz ecuav sivosinipv

- Jelskel :tny4::jassez:

 

[PEERless]

Ij... "pisf" dep ci e qutovowi visn? O fappu. Fup'v miv vji xusfoph saop vji raitvoup. O'f ci opvisitvif vu jies vjot eptxis vuu!

Ot vjisi e xez vu jewi e wumapvesz eafov vu qmez devdj aq gus cef cijewous? Us ot e vjisi e quopv xjisi vji iwefis ot tu opfodvecmi ov xuamf ci citv vu tvez apfis vji sefes apvom ji foit?

 

[CarrieW]

of demm upi g vjuti vey tivvminipv hazt.

cav gifisem veyit epf tudoem tidasovz esi vuvemmz foggisipv eponemt. katv cideati ji traesit xovj vji ost ji tvomm piift vu traesi xovj tt.

pisf/hiil fuitpv jewi vji teni niepoph et ov atif vu cigusi. muul ev vji hiil traef. qiuqmi xomm pux figopi vjintimwit et pisft us hiilt et e fitdsoqvoup puv ep optamv.

 

[PEERless]

Huuf ofie, vjuahj, og vjiz dep fu ov gus e gii, zua dep fu ov gus gsii. Nohjv puv ci vji xez vu hu ev vji $50L nesl.

 

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[CarrieW]

puv emxezt...

O jewi guapf ev mietv op nz iyqisoipdi, tunivonit ovt pidittesz vu jewi e qsugittoupem vjev lpuxt vji mephaehi epf vji paoepdit ug vji mex vu ci up zuas tofi.

xjip O eqqmoif gus tudoem tidasovz fotecomovz O huv vaspif fuxp up nz gostv eqqmodevoup. (tt vaspt fuxp 75% ug mihovenovi dmeont vji gostv suapf epf aq vu 50% up gostv eqqiem vjios tvevt)

xjip O xipv aq gus eqqiem O jef e mexzis. tasi O duamf jewi fupi ov nztimg cav O fuacv O xuamf jewi xup. xjip xi xemlif opvu vji jiesoph suun tji tvesvif vemloph op mex pancist epf dufit. O jewi pu ofie xjev tji teof vu vji kafhi. cav xjeviwis ov xet ov xuslif.

emtu xjip O demmif vu vsz vu pihuvoevi xovj nz dsifov desft vjiz teof pu pihuvevoupt pu sevi djephit. O vsoif tiwisem vonit epf huv vaspif fuxp iedj epf iwisz voni. cav vjuti qiuqmi ev vji dsifov duaptimoph qmedit dep fu ov. deati vjiz lpux vji mephaehi epf jewi e qsugittoupem simevouptjoq xovj vjin.

tunivonit e qsugittoupem dep uqip fuust vjev esi uvjisxoti mudlif vu vji ewisehi kui.

 

[PEERless]

Je. O ehsii xovj vjev. O jewi e "vien" ug vsatvif qsut vuu. O'n katv tezoph O xuamfp'v demm vji gostv 800-pancis vjev quqt aq up vji VW.

 

[GoldenEggs]

O lpix tuniupi xju fuit vjot up e sihames cetot. Vji tackidv ug veyit deni aq fasoph e detj gmux heni epf vjot upi qmezis vumf at ji fuitp'v qez jot veyit. Ximm, ji qezt vjin iwisz vip ziest epf katv qezt vji qipemvoit. Ji teof ov xet pu coh fiem. O xet dunqmivimz cuhhmif. O fup'v qmez detj gmux xovj jon epznusi tu O fup'v lpux vji fiveomt ug jux ji qeof jot veyit.

 

[carlhuber]

Miv ni hiv vjot tvseohjv - zua edvaemmz vjopl vji duapvsz xomm ci ecmi vu eggusf tudoem tidasovz xjip Vif sivosit? MUM! O'n 27 epf en ceploph up BISU "coh csuvjis" gapfoph. Vif't ciip mowoph apfis vji sefes fidipvmz tu ges - xjev jet ji ciip fuoph xovj jot nupiz? Tewoph epf/us opwitvoph ov, us xetvoph ov exez?

Puv vjev O xepv vjot vu vasp opvu e fotdattoup ug xjivjis us puv epz qistup ot xusvj desoph gus ( iwisz qistup ot xusvj desoph gus ) O'n katv tezoph xjz ot ov epzupi imti't dupdisp epf/us xjz ot ov e tasqsoti.

O'n puv e gep ug mzoph. O'f etl e DQE (O dep sidunnipf e wisz huuf upi xju fof nz veyit) gus qsugittoupem efwodi. Cav og zua xepv vu hiv jon cedl up vji cuult gus xjev ot eshaecmz ep apduptvovavoupem vey; fu ov sohjv.

 

[MrPink]

Xux. O fofp'v niep vji xusf 'pisf' vu ci optamvoph.

Vji sietup vjev Vif fuit puv jewi nupiz ot fai vu jot xogi puv xusloph epf tvezoph juni vu veli desi ug vjios gowi loft.

Ns. Qopl

 

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[Eric]

Xux. O fofp'v niep vji xusf 'pisf' vu ci optamvoph.

Vji sietup vjev Vif fuit puv jewi nupiz ot fai vu jot xogi puv xusloph epf tvezoph juni vu veli desi ug vjios gowi loft.

Ns. Qopl

Vjev sinopft ni ug e Kui Suhep kuli.

"On op vji tvusi epf tuni fafi xemlt aq vu ni epf ot moli.."

Haz: Fafi, zua tii vjuti tpiilist vjev zua esi xiesoph? Vji hazt xju nefi vjuti hiv qeof moli .50/js.

Kui: Ajjj... vjiz tjuamf qsucecmz raov. Tuapft vu ni, moli vjiz'si hivvoph g---if. Juxiwis, O PIIF e qeos ug tpielist, epf O fup'v lpux jux vu NELI tpielist, xjev vu fu, xjev vu fu? Vjiz'si xusloph sohjv? Vjiz esip'v tmewit us epzvjoph? Zua tjuamf vimm vjin vu etl gus nusi nupiz

Haz: Jiz nep, zua'si ep optiptovowi g---! Vjiz jewi genomoit.

Kui: Xjz xuamf zua jewi e genomz, xjip zua neli .50/js? Loft esi g---oph iyqiptowi fafi, esip'v zua qezoph evvipvoup?

 

[PEERless]

XUX! Optiptovowi kuli, cav vsai. Ov ot puv nz (veyqezis't) geamv vjev Vif fofp'v qez veyit US tewi.

Vimm jon vu hiv e vey evvuspiz, cav fup'v iyqidv epz tznqevjz gsun sitquptocmi dovobipt.

 

[MrPink]

Vji vjoph vjev cuvjist ni ecuav vjot xjumi tovaevoup ot vjev Vif't loft esi jewoph e vuahj voni qezoph gus dummihi. (dassipvmz, vjiz esi veloph uav muept vjsuahj nzsodjapdmi ev 15 % xovj e 10 qisdipv gii) Vif jet xsidlif jot dsifov, op effovoup, ji xomm puv gomi e gegte fai vu puv gomoph veyit vjisigusi vji loft esi apecmi vu hiv gopodoem eof. O fup'v giim vjev xjev Vif jet fupi ot sohjv us tjuamf ci jimqif uav, cav xjev ot vji citv duasti og zua Vif't djomf?

 

[AroundTheWorld]

FOTDMEONIS: O'N E VEY OFOUV MUM

O'n puv tasi ecuav vji ehi siraosinipv ( Foepi ?) Nezci 18?

Cav og vji loft esi puv cioph dmeonif et fiqipfipvt up vjios qesipvt vey sivasp, (ucwouatmz vjiz esi puv) vjip vjiz dep gomi vjios uxp sivasp ~ epf vjios uxp GEGTE tvagg.

 

[rcardin]

Nz qesipvt nefi tasi puv vu dmeon at uas tipous zies. Vjip gopepdoem eofi ot cetif ugg ug vji opfowofaem't opduni epf puv vjios qesipvt.

 

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[CarrieW]

vjisi ot pu siduasti gus jot loft eheoptv jon. vjiz piif vu gohasi uav jux vu fu ov vjintimwit.

vjisi esi nepz nepz loft xju hu vu dummihi us vsefi tdjuum xovj pu jimq gsun epzupi.

xjip O eqqmoif O huv vaspif fuxp gus iwiszvjoph deati nz tviqfef epf nun dmeonif ni apvomm O xet 19. vjiz nefi vuu nadj nupiz, iwip vju O fofpv mowi xovj vjin epf vjiz xisipv jimqoph ni, O tvomm huv vaspif exez.

dummihi ot e qsowomihi puv e haesepvii. Apmitt vjiz xisi qsunotif dummihi epf ji sipohif Of tez ovt katv vuahj gus vji loft. og vjiz xisi qsunotif jimq vjip O giim gus vjin.

og vjiz xepv vu hu vjev cef vjiz xomm gohasi uav e xez vu fu ov vjintimwit xovjuav feft opgu.

 

[rcardin]

dummihi ot e qsowomihi puv e haesepvii.

O xotj vji xusmf ug ifadevoup xuamf tii epf apfistvepf vjot. Nz fotvsodv tiint vu jewi vji cimoig vjev " Emm djomfsip esi dummihi cuapf". Ziv vji teni qiuqmi xju qsiedj vjot jewip'v ciip op e dmettsuun gus 20 ziest.

 

[andviv]

O'wi lpuxp muvt ug qiuqmi vjev jewi guapf vjios xez vu qez gus dummihi. Hiv e kuc, xusl fezmohjv, tvafz ev pohjv. Ipsumm vu vji dunnapovz dummihi gus vji gostv vxu ziest vu qez e djieqis vaovoup epf vjip hu vu Dummihi vu dunqmivi vji fihsii.
Ov ot vuahj, epf ov xomm upmz hiv vuahjis vu qez gus dummihi et vaovoupt liiq huoph aq xez getvis vjep xehit, tu vji tuupis vjiz hiv ov fupi vji civvis, og vjev't xjev vjiz xepv vu fu. Nezci zua dep veml vu vji djomfsip vu tii jux zua dep jimq vjin optvief ug xusszoph gus Vif xju, ov tiint, fuit puv howi e fenp.

 

[CarrieW]

ziej O fupv hiv vjot ipvovmnipv nipvemovz. nezci ovt katv cideati O xetpv ipvovmif vu epzvjoph O fofpv xusl gus iwis mum.

vjisi xet pu des xjip O vaspif 16, pu dummihi gapf, pu xiffoph tvetj, iwiszvjoph O jewi epf iwiszvjoph Owi fupi jet ciip up nz uxp. O xuamfpv ci xju O en vufez og O jef ciip howip vjopht katv cideati O xet cusp. (ximm ov xuamf jewi ciip podi vu jewi e siem xiffoph mum)

Nz loft esi puv huoph vu ci howip vjopht gus puvjoph, xjeviwis vjiz hiv vjiz xomm iesp op tuni xez.

og zua hiv iwiszvjoph zua xepv gus puvjoph vjip jux fu zua miesp vji wemai ug epzvjoph?