If we don't claim my husband's income this year will we get penalized next year for it

user271783 · ‎June 6, 2019

MinhT · ‎June 6, 2019

You have to report all income earned in 2018 on your 2018 tax return. You cannot wait till next year.

If you do not report (or underreport) your income, the IRS may levy penalties and interest against you.

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MinhT · ‎June 6, 2019

You have to report all income earned in 2018 on your 2018 tax return. You cannot wait till next year.

If you do not report (or underreport) your income, the IRS may levy penalties and interest against you.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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