Taxpayer File State Tax Returns in Addition to Federal Returns

Should a taxpayer file state tax returns in addition to federal returns?

Answer

If taxpayer resides or works in a state that is subjected to pay state taxes, then he need to file both federal and state tax returns. The IRS and states share information as to who has filed tax returns. They share the whole file and audit information, if there was an audit or adjustment on the account. By law, when a taxpayer amends a federal or state return, he/she must amend the state or federal return within a year. If a taxpayer files returns only with one agency, the other will take notice, particularly if the income shows that taxes could be due. Feel free to reach us for any Tax consulting service. Our Tax Experts are happy to help you.

 

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2018-02-22T16:44:15+00:00February 22, 2018|0 Comments