File your late 2012 taxes in 2014. If not, the late penalties will continue to grow.
Procrastination happens. Maybe you planned to file your 2012 taxes when they were due, but ended up putting it off until a later date. Now, it’s January 2014, the date for you to file last year’s taxes is creeping up and you still haven’t even filed your 2012 taxes. Sound familiar? The good news is you can file 2012 taxes in 2014 with PriorTax.
If filing your 2012 taxes was put on the back-burner, you don’t have to put it off any longer and can file your 2012 taxes in 2014. Yes, it will be considered late. However, it’s much better to file late, than to never file at all! If the process of filing your late taxes is causing you mild stress, take a deep breath and simply follow our provided steps.
What are the Steps to File My 2012 Taxes?
If you want to finally get your 2012 taxes filed this year, the following steps will help;
- Create an account with PriorTax. To do so, select the prior year from the drop down menu and create a User ID and Password.
- Be sure to have any important information on hand, including the past year’s W-2s, social security numbers, etc.
- Start filling in the online application. The tax return application is designed to make filing your taxes a simple and quick process!
- Once you’re finished filling in the online application, be sure to submit your information.
- Your return will be reviewed by our tax experts and a copy of your completed 2012 return will become available for download.
- Print your tax return and mail it to the IRS. This is the most important step. (The deadline to e-file 2012 taxes has passed, explaining why you’ll have to use snail mail.)
- Pay your tax due or wait for your refund.
- Take another deep breath and realize your late taxes are filed!
If you are expecting a refund, you won’t have to pay any penalties or interest. If the opposite is true and you do owe, you may have to pay failure-to-file penalty, a failure-to-pay penalty and interest (that’s a lot of money). Considering these penalties increase as time passes, it’s best to file and pay your tax due as soon as possible.
Can I Still Get My 2012 Tax Refund?
You still can collect your 2012 tax refund in 2014. The IRS allows up to three years (from the tax season’s deadline date) to get your refund. However, there’s no reason why you shouldn’t file and collect your 2012 refund as soon as possible.
Sooner or later you will have to file your 2012 taxes. Get it out of the way before the first day of the 2014 e-file tax season, January 31, 2014. If you have any questions while filing your late tax return with PriorTax, our tax experts are available via phone, live chat and email to help you.
Updated: 1/24/2014; Photo via Asja Boros on Flickr