Quote:
Originally Posted by Hopeless
Dear Soccertese,
About your TAX returns. There is a statute of limitations on getting any refunds due you and it is 3 years. However, if you OWE, there is no limit of time. You would be required to pay any and all taxes for any and all years late. Even if you did not owe FEDERAL INCOME TAX, if you earned a net of over $400 in self-employment, you would still owe Social Security and Medicare tax on it.
Are you saying that you had less than $400 net income from your self-employment during the years that you were late filing your returns?
It is very surprising for a disability law firm to accept any claimant that did not meet the eligibility requirements of being insured under the Social Security system.
It is situations where DLI (Date last insured) and Date of Onset create problems with qualifying for eligibility and some decisions must be made as to which dates to use as the date of onset.
As far as "accepting" your tax return information. If you PAID Social Security taxes, it is my belief that the returns MUST be accepted if filed. Your payments may not simply be ignored. As far as the IRS, they do not have to provide any "refunds" on returns filed beyond 3 years after they are due. Any refunds due you are forfeited.
Hopeless
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As promised I looked it up and there IS a similar stipulation in SSA regs. In order to have your earned credits applied, they must be reported within 3 years, 3 months, and 15 days. This was news to me and I am sorry if my prior post misled you. I knew about the tax law but not about the SSA reg.
Hopeless