Keansburg, NJ asked in Tax Law for New Jersey

Q: I stupidly didn't pay the IRS for my rental income, but want to, what to do?

i was young, dumb, and money OBSESSED. took some bad advice and didnt pay the IRS tax for rental property income. i want to come clean, what do i do? how can a lawyer help me exactly? i plan to see one soon.

o idea how many months all together the property was vacant, because I only have lease start dates, not end dates (to determine what's actually owed)

I also, have no idea about anything else that could have been filed on my taxes for housing in that time (maintenance, etc) --- in other words i have no way of figuring out what I actually owe

What could a lawyer do for me? Do I just pay one for an hour or two of his time for advice? or is there more they can do? do i just say hey, i have an issue, let me pay you for 2 hours of your time for some advice? do i just start paying now as if i just got the house and hope i get lucky? literally no idea how to handle this without a time machine.

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1 Lawyer Answer
Linda Simmons Campbell
Linda Simmons Campbell
Answered
  • Tax Law Lawyer
  • Burlington, CT

A: Most of us offer a free consultation (just stay away from the places you see advertised on tv). We can assist you with the best way to file and what to do if you cannot pay the liability due once you file.

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