Is there still the same time limit for an amended return when the original filings were years late?
I'm more than 5 years late filing my Federal income tax returns, and I'm having trouble filling the forms out correctly. I have a deadline that I don't want to miss. One place i read that an amended return can be filed up to 2 (or 3) years after the filing the first return, and up to 3 (or 3) years after the taxes are paid. It doesn't say whether that applies even when someone is as late as I am. (I wouldn't need years, only 3 to 6 months,
Not only would my correctly caluclated tax bill be lower, but the compound interest and maybe the penalties?? would be lower if the original tax amount were lower.
I never wanted to avoid paying taxes. It's just one of many things I didn't do (like go to the doctor when I should have), even though I worried about it.
Thank you.