The Benefits Of Filing A Tax Return

Hope this is helpful to someone thinking about not filing a tax return this year. Due to illness one year, my income did not require me to file a tax return. I regretted that decision. There were many times that I was filling out forms and was asked for information off of that year's tax return. Since I did not file, I did not have the information. It was a headache. I promised myself from then on, I would file a return no matter what.

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By Liz Orr

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January 12, 20070 found this helpful

Check with your local state tax office (Dept. of Revenue). You might still be able to file, if it hasn't been more than a few years, and you might still be able to claim your rightful refund. They can help you find the forms you'd need for that year.

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June 19, 20070 found this helpful

My sister in law had duel citizenship in Canada & the U.S. Not till she passed away & my hubby was to receive some inheritance money did we know that she'd not paid her taxes to either country in several years. The importance of filing a tax return, despite in what country you're in, is especially important, if not for you, but for your loved ones that will have to do it after you're gone.

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It took an accounting firm, nearly 1 year to figure out what was owed to both countries governments, & that was before any inheritance money got distributed onto family members, etc.

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