Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Can I submit my tax return for 2007 before December '07?
I will not be having any extra income and deductibles, so I was wondering if I or H&R can submit tax returns before the year ends?
5 Answers
- 1 decade agoFavorite Answer
Sorry, no. Best you can do is estimate your refund or balance due. First of all, the IRS has not released paper forms, which should be out by the end of December. If you want to e-file, you cannot do so until mid-January, as the IRS cannot accept them until then. It is also possible that you could have unexpected income or deductions, so the IRS does not allow returns to be filed before Jan 1.
You can, however, make an appointment at your local H&R office now, so that you can get in as early as you want to beginning on Jan 2. Again, nobody will be able to e-file your return, but if you want to paper file, or just have it done and waiting to e-file, they'll be able to help you out the minute the office opens. (You mentioned H&R - I suppose it's possible that you could do this with other firms, but I don't know).
If you are looking for some extra money for the holidays, and are going to be disappointed that you can't get that refund, there is an Emerald line of credit that will be available Dec.15 in many H&R Block offices. The rates are not bad, and there is no credit check for prior clients. I can get you more information if you're interested.
Please note, I am offering suggestions that I think might help, but I do work for H&R Block. I offer the suggestions because I want to help, not out of wanting to solicit. Jackson Hewitt may be offering something similar, I don't know. Please don't feel like you HAVE to use H&R Block because I suggested it.
- Bostonian In MOLv 71 decade ago
No, you can't even submit it DURING December. You can mail off a paper return on January 1st if you have all of your documentation ready or you can e-file on or about January 15th.
Most folks won't see their W-2s until late January or early February so that is the earliest window as a practical matter.
- Anonymous5 years ago
you haven't any longer something to complication approximately - you do no longer ought to report for the two of those years - you probably did no longer make adequate money to ought to. For 2007 the shrink is $5350 - it replaced into extremely much less for 2006. so which you're actually not in any concern for no longer submitting. yet while something replaced into deducted for federal earnings tax, you could report and get it refunded to you. it somewhat is authentic for 2006 besides as 2007 - as long as you do no longer owe something, and you do no longer, there is not any penalty for submitting previous due, and in case you report interior of three years you nonetheless get your refund. If no longer something replaced into withheld for federal earnings tax, then there is not any reason to report the two year.
- Spartacus!Lv 71 decade ago
You cannot submit your tax return until the calendar year ends and you've received any necessary forms from your employer, your bank (if you have an interest earning account), the company holding your mortgage (if applicable), and any statements regarding IRA and 401(k) contributions (if applicable.)