So I’m filling out my FAFSA and I needed my Dad’s tax info to finish it up. He ducked and avoided it all despite me really needing the FAFSA for federal student aid. With no answer and him telling me he doesn’t have a return for the year despite working, I decided to poke around.
I have reason to believe he hasn’t done his taxes in 12 years or so based on that year was the last filing I could find in his filing cabinet. He’s worked most of those years and I’m fairly certain he has withheld at least a little every year. My parents divorced before he stopped filing and since I live with my dad, my mother doesn’t claim me as a dependent and I’ve filed my own returns every year since I started working.
This probably has been asked a million times but how bad is this going to be when they find out? He hasn’t made a lot of money but gets a lot of it from a trust fund so I’m not sure how that factors in, if it does. Is there any way this could impact my personal finances? There’s a good chance he can’t afford to pay back much of this, as he hasn’t taken good care of any of his finances and currently isn’t working.
Submitted June 09, 2018 at 12:52AM by throwaway--887 https://ift.tt/2Juf8kL