Comments on: Tax Extensions: Extension to File, Not Pay http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/ It's all about the refund Tue, 21 May 2013 20:45:12 +0000 hourly 1 http://wordpress.com/ By: TurboTaxLisa http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-37269 Thu, 10 Jan 2013 17:58:05 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-37269 Hi Kelly,
Yes, you can still file with TurboTax.TurboTax may walk you through tax deductions and credits that you didn’t know about so you may get a tax refund. Also see if you can ask the IRS for an installment agreement on the amounts you owe. Especially since you live in an area that was impacted by Hurricane Isaac. Read more about installment agreements here
http://blog.turbotax.intuit.com/2012/10/15/owe-money-get-a-fresh-start-with-the-irs-fresh-start-initiative/
Thank you,
Lisa Greene-Lewis

]]> By: Kelly http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-37242 Wed, 09 Jan 2013 19:28:18 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-37242 I filed an extension last April. I live in the area impacted by Hurricane Isaac. Therefore the new date is January 11. I filed for an extension because I simply did not have the money to pay. I was hoping to get a better job before it was time to pay it. however, that has not happened. So now I owe $600 I cannot pay. I made a little over $25k in 2011. This year (2012) I made $29k before taxes. I just don’t have the money. Can I use Turbtax to file without paying (since I can’t)?

]]> By: TurboTaxLisa http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-34545 Mon, 07 May 2012 22:25:25 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-34545 Hi Samuel,
No you do not have to consult a tax porofessional. TurboTax premier will properly fill out information regarding 1099-c and From 982. If you run into any problems we also have tax professionals available to answer your questions for free.
You can go on line here http://turbotax.intuit.com/personal-taxes/
and start your tax return.
Thank you,
Lisa

]]> By: Samuel Okpattah http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-34496 Tue, 01 May 2012 00:51:02 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-34496 what I do not want to consult a tax professional for the 1099C and 982 with supporting documents to show insolvency? Can I still file electronicannly in turbotax and how?

]]> By: Roberta Ball http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-34084 Tue, 17 Apr 2012 22:08:46 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-34084 How do I file for an extention?

]]> By: TurboTax DeniseE http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-34014 Mon, 16 Apr 2012 17:26:39 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-34014 Hello Helen,

All of those forms are supported by TurboTax. The Forms 982 and 1099-C represent very complicated areas of tax law that are sometimes accompanied by issues of bankruptcy and/or insolvency. If you have any such complicating factors, you might be best served by consulting a Tax Professional familiar with these situations.

Thank you,
Denise Elliott

]]> By: Helen J McGlothen-Bryant http://blog.turbotax.intuit.com/2012/04/11/tax-extensions-extension-to-file-not-pay/#comment-33989 Mon, 16 Apr 2012 04:09:34 +0000 http://blog.turbotax.intuit.com/?p=10367#comment-33989 Can I use the Turbo Tax software if I have to file form 982 and 1099R, 1099C

]]>