What happens when you lie on your income tax return?

Asked over 5 years ago - Seattle, WA

What are the possible outcomes if the IRS finds out that you said a dependent lived with you the entire year, when that particular dependent has not lived with you? What if you received a large amount of money and did not report it to the IRS?

Attorney answers (1)

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    Lawyer agrees

    Answered . Among the possible consequences of filing false tax returns are imprisonment and fines. The taxpayer will still have to pay the proper taxes.

    If you are not a US citizen, your immigration status may be affected.

    You should review your specific facts with an attorney.

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