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Not exactly. >> Willful failure to file a tax return is a misdemeanor pursuant to IRC 7203. In cases where an overt act of evasion occurred, willful failure to
by ada1981 8y ago
Not exactly.
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Willful failure to file a tax return is a misdemeanor pursuant to IRC 7203. In cases where an overt act of evasion occurred, willful failure to file may be elevated to a felony under IRC 7201.
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- JumpCrisscross 8y ago> Willful failure to file a tax return is a misdemeanor Carrying up to one year of jail time under federal law. States usually have penalties, too. > In cases where an overt act of evasion occurred, willful failure to file may be elevated to a felony OP is bragging about willfully failing to file on the Internet. Something tells me proving this wouldn't take a sleuth.
- ada1981 8y agoOvert acts of evasion aren’t simply not sending in your paperwork. It would be actively doing things to hide, falsify documents, etc. This seems to be mostly for businesses and folks doing a lot of cash transactions. Sounds like OP isn’t making much money to begin with — is it really worth the IRS time or to prosecute him? I imagine they’d tell him to pay and fine him. Doubtful it’s a felony based on his description.