USA: Do I still file federal taxes if the federal government collapses?
Like, if its collapsed, do I file? Do I even have to?
I am most certainly going to pay my state tax, but then what? What about stuff like my social security funds?
(I am asking for others because we're at that point now I suppose)
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To be fair, if you’re a W-2 employee, they already have your money from withholding. So it’s not like you’re taking dollars from the irs by not filing your return, it just means you don’t get your rebate.
On that note... it might make sense to set a really low withholding this year.
...and the next.
I think you are only allow to reduce withholding if you did not owe them money when you did your most recent filing.
Try to set it so nobody owes anybody much. If you fall too short on withholding you can end up paying interest on the difference.
And to add, you can file a year later for the rebate. I think it's four previous years? Someone correct me if I'm wrong though.
5 years.
Ty
I just sent them a fucking check. Wonder if I should stop them