Thread: If you had more then $10k in neteller in 2006 but didn't pay taxes!!
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  #9  
Old 07-03-2007, 08:34 PM
Homer Homer is offline
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Join Date: Sep 2002
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Default Re: If you had more then $10k in neteller in 2006 but didn\'t pay taxes
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Is there a penalty for this 'amended return'? Obviously it is past its due date.

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There are penalties involved I am sure, but I don't know how to compute the amount.

Also, you should probably file FBAR late as well.

I'm no expert, hopefully a tax professional will answer the question in more detail.
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