Help me with my tax return?

Question

ill try to make this simple i was dumb and filed for tax return and got 800 dollers but the problem is that i dont have a job so now people are telling me im going to have to pay it back and lose my tax returns can someone explain this to me like if i get a job will it automatikly be deducted or whats my future going to look like? plz help me

Answer 1

Which tax return did you file?

Which lines did you fill in?

Did you claim you had wages when you didn't?

Answer 2

Your question makes no sense.

Answer 3

It is really hard ot answer your question because you are not very specific but I will try to read between the lines:

What exactly did you report on the tax return.  Did you work any from January 1, 2007 thru Dec. 31, 2007 and receive W2 from your employer, Then there is no problem.  But if you didn't work or have any taxable income to report on a tax return and you filed a fraudulent return then you need to pay the money back.

Answer 4

You don't need to have a job to file a Federal tax return (form 1040).  You do need to have taxable income.  Did you have interest, dividends, rental income, income from being self-employed, income from an estate, income from a partnership you belong to, gains from the sale of stock, unemployment insurance income, etc.  All of these are taxable (to an extent) and none are related to income from a job as an employee.  If your friends said you absolutely had to work in order to file a return, they were wrong.  If you had no income whatsoever, yet filled out a 1040 with made-up/erroneous information, then you committed fraud against the U. S. Government.  If they catch you, you could be in much more trouble than if you went to them and said you made a mistake.

When you work, you earn income.  That income is taxable.  Whether you earn enough to incur a tax liability to the US Government is another issue altogether.  What I mean is, whether your income is high enough to cause you to owe taxes depends on other factors such as how many people are dependent on you for a living.  Your employer does not pay you every cent you earn.  Instead, they withhold (keep) a certain percentage from you pay and give it (on your behalf) to the IRS, Social Security, Medicare, and sometimes State and Local governments.  When you file your 1040 tax return at the end of the year, you put down what you already gave the government (through your employer's withholdings), and if you gave too much, you get a refund.  If you didn't give enough, you will owe.

<Extra>

OK, one of two things happened.  You may have gone to a scam outfit.  A fly-by-night joint that does your tax return guarenteeing you a refund, and asks you leading questions and embelishing the numbers.  Translation: they enter whatever they need to enter on your tax return to get you a large refund, regardless if it really happened.  For example, the conversation may have gone:

Preparer: Well, you didn't get any W-2s, but did you do anything?

You: Well, I sort of mowed some lawns.

Preparer: Great!  About how much did you make?

You: I have no idea.  Maybe $200.

Preparer: OK, let's put down $5,000.

Then, if you have a child or a younger sibling, you end up with a credit called the Earned Income Tax Credit that gives you a refund even if you didn't pay anything into the IRS all year.

Option 2 is basically the same as option 1 except the preparer is legitimate.  They prodded you to reveal the correct amount of cash you earned doing jobs and the correct expenses you incurred.  They correctly entered your children/siblings that were your dependents.  And you got the correct Earned Income Tax Credit you deserved.

If you suspect your preparer did something wrong or crooked and want to come clean, go to a legitimate tax place, show them your tax return (hopefully, you got and kept a copy), and explain what happened and ask them for a recommendation.  Most places will at least look at what you have and give you advice for free (in the hopes that you become a customer of theirs...I used to work for H&R Block and that is what we did).  If the return was filed incorrectly, you may need to amend it and you may end up owing money to the IRS.  The IRS should be leanient with you.  They should give you time to pay back the money especially since you came to them instead of waiting for them to come to you...and if you were reveal the crooks that did your tax return (assuming fraud was comitted, and especially if the sham artists prepared many other fraudulant returns), they may even give you a finder's fee.

Good luck!  The best thing to do regardless is go out there and earn some money.  Then, if the IRS or local law enforcement authorities come a knocking at your door, you got the funds to pay.

Answer 5

Did you work during 2007? If you did, then it doesn't matter whether you are working now or not. As long as you filled out your 1040 forms properly, if you got a refund of $800, you were entitled to it and nobody will take it away. That refund was based on the money you earned in 2007, not in 2008.