Can the IRS hold my tax return money?
437986
Yes. There are several clauses state that this is a possibility. Refer http://www.irs.gov
740995
You may need to ask your question with some additional details.\n\nI assuming here, but it appears that you failed to files returns on which you were due a refund.  You most likely received a demand for return notice within the first 18 months.  You filed a return well after three years from the original or extended due date.  And you were denied your refund as a result of statute.  You requested an administrative appeal based on their decision. They are asking you for the grounds of your appeal.\n\nIf so, here is what happened.  The statute of limitations runs for three years from the date of the filing of the return.  If you don't file a return, the statute never stops running, and the IRS can come after you to prepare a return at any time.\n\nHowever, if the IRS has money due to you, and you do not request it back within three years of the original due date, or extended due date, they are not permitted to continue to hold your money ad infinitum.  No government agency is permitted to hold your money if they cannot find you and follow set proceedures in order to reach you.\n\nAs the IRS cannot hold your money after the time allowed by statute, they submit the money to the deparment of unclaimed property.  The Federal government and every State has a department of unclaimed property, which makes the money available for government use until you file sufficient claims.\n\nIf my summary is close to correct, and the IRS followed ALL required proceedures in order to notify you of their intent to submit your property, then you have no grounds for administrative appeal, and instead need to focus you efforts on the department of unclaimed property.  If the IRS failed to follow ALL required proceedures, then that is the grounds for your appeal.  And you will need to specify which proceedures were not followed under statute.
444323
you'll get assessed interest on that 40k you owe the irs, filing and extension does not give you time if you owe, only time to file the return, as the money is due by april 17th no matter what.
678113
If you did not file and you would've owed money it is forever!  That is called tax fraud and there is no limitation.  \n\nThat said, the IRS only holds active files for 3 years.  If you were owed a refund or there was no tax owed, then it is a wash.  You cannot go back and get your refund after 3 years.\n\nI would not go to the IRS with your question.  I would consult a tax attorney and find out the implications, and he/she may be able to work out a deal for you to come clean and pay a lot less.
144321
NO. Not if you authorize them via some sort of a payment that you made to them e.g check or via atm... actually let me take that back. INS does not accept personal checks or payment via a debit card. either US Postal Money Order or a Bank Draft. So the answer is NO they cannot take money out of your personal account. \n\nIf you screwed up they could get a fedral ... (something) to seal your assets in which case you won't be able to access your money. But that's all.
1072007
Yes you can. You can get a copy of your taxes for any year. Simply fill out form 4506 of the IRS and pay $39 per tax. The form comes with instructions and address where to send it.
51085
I believe that you would have to wait for it to be sent to you as you cannot print out one yourself. However I just saw a commercial yesterday for H&R Block where you can get a loan for your refund without having your w-2's. You just take in your last paycheck of the year and they gather all of your info.
285862
Your financial institution (stockbroker, for example) is required to report those transactions to the IRS. There is a bit of processing time involved, but the IRS would probably find out you failed to report income within two or three years (probably faster nowadays--I can only hope they've upgraded their computer system since I worked there). \n\nYou would receive a long letter from the IRS when the paperwork caught up. Your consequences could include some combination of negative credit reports, interest charges, failure to pay penalty, jail time, and seizure of your property, depending upon the amount of taxes you owe and how quickly and politely you cooperate and pay up. \n\nThey don't have to do it often, but I understand IRS raids are considered the best-run raids in federal law enforcement.
363232
i am a tax preparer and the best thing for you to do is to go ahead and file and let them (irs) take what you owe so when you get trough paying them you can have your money for yourself.  Please have a dependent so that you can get enough back so that maybe you may only have to pay back two years, not child support but the irs
139149
don't listen to all the nonsense that people tell you. the real and only answer is what the IRS says in this matter.\nhttp://tinyurl.com/5u0d
273217
Most definitely.  And you don't need a trust as one of the other responders stated.  Borrowing the money is usually the biggest challenge, but I would imagine you've got that covered.\n\nAnd to be a little more specific from the previous answers, the IRS holds a withholding tax when you sell to make sure your capital gains taxes get paid without your skipping out.  \n\n\nGood luck!
778180
Absolutely!  Need a tax acc't or lawyer.  There are ways to lower the taxes.That money can't just show up in your bank acc't without the IRS reciving bank report...so go totax expert first.  Good Luck!
343887
The IRS will settle with you.  I would ask them for a settlement amount to get a jumping off point and then if it's too much, counteroffer.  If they don't accept, then let them know you plan on hiring an attorney but would rather give the money to them.  If they still don't come down, hire an attorney that takes payments.
961090
If you mean a personal income tax return, anyone that receives payment for preparing the return is REQUIRED, not permitted to sign as a paid preparer.  The IRS does not set any requirements to be paid to prepare returns.  If you prepare a return and the IRS finds significant errors, the are likely to audit every return you prepared.  While the taxpayer is legally responsible for the accuracy of the return, they may have a civil case against the preparer for some errors.
128461
the only reason that the IRS can put a hold on your check is if you owe money to the government or prior taxes, also they can put a hold on your check if you owe money on you licence plates for you vehicle
211987
Only the IRS knows the answer to your question.
203687
depending whether it is federal or state...you can call the appropiate irs office.....they will help you make a payment plan that you can live with... peace