Quote:
Originally Posted by calf
Just to close the loop on this, after talking to another buddy who does a lot of personal taxes as well, he said 'oh yeah, this is happening lots...good luck and if you succeed, let me know how you did it". So, with the penalties/interest not being overly huge, we decided not to waste our time and just pay the tax, interest and penalties for 2022/2023. Refiled and immediately paid 2024 taxes to avoid it getting caught/hit with further penalties, but they charged a whopping $12 in interest for our troubles. The lesson being - have the seniors in your life check all their online accounts that have any sort of money, etc, in case they send tax slips there instead of by mail!
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I'm going to throw some cold water on this, sorry, you still have to be very careful!
The lesson being on
'when' you check their online accounts. In my experience the taxpayer may not have a paper slip and the information also may not be posted on their online accounts when you're doing the taxes.
A lot of that stuff gets posted late.