Can I Still File 2016 Taxes in 2022?

Navigating the IRS Tax Filing Deadline

The Internal Revenue Service (IRS) sets specific deadlines for filing tax returns. Generally, individual income taxes are due on April 15th of each year. However, circumstances may arise that prevent timely filing, leading to questions about the possibility of filing past due returns. This article delves into the intricacies of filing past due taxes, focusing specifically on the 2016 tax year and exploring the implications of filing in 2022.

Understanding the IRS Statute of Limitations

The IRS imposes a statute of limitations on tax filings, which dictates the timeframe within which taxpayers can file past due returns. For individual income taxes, the statute of limitations is generally three years from the original due date of the return. This means that taxpayers have until April 15, 2023, to file their 2016 tax returns without facing penalties for late filing.

Consequences of Filing Past the Deadline

Filing taxes past the deadline can result in penalties and interest charges. The IRS assesses a failure-to-file penalty of 5% of the unpaid tax for each month or part of a month that the return is late, up to a maximum of 25%. Additionally, interest accrues on the unpaid tax from the original due date until the date the tax is paid in full.

Exceptions to the Statute of Limitations

There are certain exceptions to the three-year statute of limitations for filing past due taxes. These exceptions include:

  • Fraudulent returns: If the IRS determines that a taxpayer fraudulently filed a return, there is no statute of limitations on pursuing the taxpayer for the unpaid taxes.
  • Substantial understatement of income: If a taxpayer omits more than 25% of their gross income from their return, the IRS has six years to assess the additional tax.
  • Bankruptcy: If a taxpayer files for bankruptcy, the statute of limitations is suspended during the bankruptcy proceedings.

Filing 2016 Taxes in 2022

Based on the IRS statute of limitations, taxpayers have until April 15, 2023, to file their 2016 tax returns without facing penalties for late filing. However, it is important to note that interest will continue to accrue on any unpaid taxes from the original due date of April 15, 2017.

Steps to File Past Due Taxes

Filing past due taxes involves the following steps:

  1. Gather necessary documents: Collect all relevant tax documents, such as W-2s, 1099s, and any other supporting documentation.
  2. Choose a filing method: Taxpayers can file past due returns electronically, by mail, or through a tax professional.
  3. Complete the tax return: Accurately fill out the tax forms, ensuring that all required information is provided.
  4. Calculate any penalties or interest: Determine the amount of penalties and interest owed, if applicable.
  5. Submit the return: File the completed tax return along with any required payments.

Benefits of Filing Past Due Taxes

Despite the potential penalties and interest charges, there are several benefits to filing past due taxes:

  • Avoid further penalties: Filing a past due return can help taxpayers avoid additional penalties that may be imposed for failing to file.
  • Receive a refund: Taxpayers who are due a refund may still be able to claim it by filing a past due return within the three-year statute of limitations.
  • Qualify for certain benefits: Filing past due taxes can help taxpayers qualify for certain tax benefits, such as the Earned Income Tax Credit (EITC).

Taxpayers who have not yet filed their 2016 taxes should consider doing so before the April 15, 2023, deadline to avoid further penalties. While filing past the deadline may result in penalties and interest charges, it is still beneficial to file to avoid additional penalties and to claim any potential refunds or tax benefits. Taxpayers can choose to file past due returns electronically, by mail, or through a tax professional.

Filing Past Due Taxes. How Many Years WIll IRS Go On Unfiled Returns?


Can I still submit my 2016 tax return?

Sacramento — State Controller and Franchise Tax Board (FTB) Chair Betty T. Yee today announced an extension to May 17, 2021, for individual California taxpayers to claim a refund for tax year 2016.

Can I still efile my 2016 taxes electronically?

The IRS supports e-file of the current year tax return and the two prior years through the MeF system (Modernized e-File system). During the 2023 tax year, you can e-file a 2023, 2022, or 2021 return from the corresponding year of Drake Tax. All other prior years must be paper-filed.

How many years back can you file taxes?

Many people may lose out on their tax refund simply because they did not file a federal income tax return. By law, they only have a three-year window from the original due date, normally the April deadline, to claim their refunds.

Can I file 3 years of taxes at once?

How many years can you prepare back taxes? You can prepare returns up to three years old with TaxSlayer. This means that in 2024, you can use TaxSlayer to file your 2023 tax return, plus you can prepare back taxes for the years 2022, 2021, and 2020. If needed, you can file back further using paper filing.

How do I file a 2022 tax return?

How do I file a 2022, 2021, or 2020 tax return? To file a new prior-year return, you’ll need to purchase and download that year’s TurboTax software for PC or Mac , as TurboTax Online and the mobile app are only available for the current tax year. (Note: Returns for tax years 2019 and earlier are no longer eligible to be filed through TurboTax.)

When should I prepare and e-file my 2022 tax return?

During any current tax season or calendar year, a timely tax return would be prepared and e-filed for the previous calendar year. To put it simply: from January 1, 2023 – April 18, 2023, you prepare and e-file taxes for the tax year of 2022.

Can I still file taxes for 2022?

Yes! You can still file your taxes for 2022, but you may not be able to avoid penalties. If you’re getting a tax refund, you won’t have to worry about being charged any penalties or interest. If you owe taxes, the two penalties mentioned above may apply. While a late filing penalty can be daunting, the sooner you file the better.

What if I missed filing my 2020 tax return?

If you missed filing your 2020 Return to claim a missing stimulus payment (stimulus 1 and 2) – you will have to file back taxes which you cannot e-file. This also applies to the third stimulus check, but you will need to file a 2021 Return to claim the 2021 Recovery Rebate Credit for the third stimulus payment.

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