- Joined
- Jun 13, 2016
It's painfully easy for them to see he's vastly underreported any income when he did file but then the genius decided to just not file for a year or two and then the problem start piling up fast Here's a quick summary:I wonder how hard the IRS have been looking into Ralph?
Being the idiot he is, it is unimaginable he would make it through any kind of audit, unscathed.
If you don't file you'll be facing both penalties. If both apply, the combined penalty is 5% (4.5% late filing and 0.5% late payment) for each month or partial month, up to 25%.
After five months, the Failure to File Penalty will max out, but the Failure to Pay Penalty keeps going until the tax is paid, up to 25%.
The maximum total penalty for both penalties is 47.5% of the tax (22.5% late filing and 25% late payment).
Unfortunately, penalties aren’t your only worry if you don’t file or pay your taxes on time. The IRS will also charge interest on your past due taxes.
The IRS will start accruing interest on the date your tax bill was due – typically, the date of the filing deadline. To calculate the interest rate, the IRS starts with the federal short-term rate and then stacks on another 3%.
Ralph basically totally fucked himself by under-reporting and not filing. He's dug himself a big old fucking pit and his solution to this problem is to move to Mexico and eat Xanax and drink himself to death. He will never be able to earn enough to support himself /addictions AND pay off the IRS bill and his student loans. He hates the USA because he didn't pay back student loans he got, he didn't pay the taxes he owed, fucked over every US bank he ever had an account at ...and pharmacies don't dispense Xanax in gumball machines. Ralph is incapable of ever accepting responsibility for his stupidity and gets mad at the USA for his own stupidity and bad decisions. It's particularly rich considering what epic welfare leeches of tax dollars his father, his mother, himself, his brother and even Rozy have been. US tax payers have had to subsidize the entire sad breeding experiment of Ronnie and Sandra Ralph. Even if Ralph paid ever cent of taxes he owed it wouldn't even .03% of what's been wasted supporting his white trash family. At least he can't be a welfare leech in Mexico.
IRS is NEVER discharged in bankruptcy, neither are student loans. Ralph's main problems are student loans and tax debt, child support is small potatoes next too those two.couldn't he simply go into bankruptcy to get his debts discharged?
actually nevermind, his ongoing child support obligations (soon to be doubled lel) won't go away, nor will his addictions that demand constant fuel, so he'd remain fucked either way