Feel like giving up? Take a deep breath: you can still file your late 2012 taxes!
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 2015 and you still haven’t filed your 2012 taxes. Sound familiar? The good news is you can file 2012 taxes in 2015 with PriorTax.
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 if you have any.
- Take another deep breath and realize your late taxes are filed!
Don’t owe the IRS any tax? Good news, you won’t have to pay any penalties or interest. If the opposite is true and you do owe, you may have to pay a failure-to-file penalty, a failure-to-pay penalty and interest. 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?
The last day to file and claim your 2012 tax refund is April 18th, 2016. Due to the IRS’ statute of limitations you are given three years from the tax season’s deadline date to claim your refund.
This, unfortunately, doesn’t give you a free pass. You should still file your late tax returns seeing as they are used for a number of different validation reasons. Just to name a few:
- applying for a mortgage loan
- proof of income for a car loan
- proof of income for financial aid
Use this as a tip for the future. Sooner or later you will have to file your 2012 taxes. Get it out of the way now! 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.