For fed taxes:
I am years late filing and paying my taxes, and under a deadline now. Can I still file 1040 as an amended tax form later, after I file a
1040A now in order to meet the deadline they have given me?Is my current deliquency a bar to getting a reduction of interest and penalties, by filing an amended tax form, after filing one now with no deductions in time for an individual deadline given to me on the phone by an officer of the IRS?
I had little income and don't owe that much tax, and may not benefit much by filing an amended 1040A, but still, have I lost that chance by being so late.
I think the main thing I would gain is the form 1116 foreign tax credit, but that would reduce my taxes iirc on a dollar per dollar basis (almost?) as well as interest and penalties. So it might be worth it.
Given my past behaviour and my ongoing state of depression, I'll probably never get around to filing amended returns, and I'll consider any extra money paid to be a) a contribution to America, b) my punishment for being tardy. But I should still know if I can or not.
I may really need the money, I don't know. Just as I've been negligent with taxes, I've been negligent with everything else and don't even know how much money I have to live on.
Thanks a lot.