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How To File Taxes For Prior Years | Layton & Stacey Smith
Falling behind your taxes brings so much anxiety. You don’t want to get into trouble with the IRS, so how can you catch up?
Listen to this episode to learn how to file taxes for prior years. Sit back, relax, and take notes with us at the Somerpoint Cigar Lounge.
Why Is It Important to Stay Updated on Taxes?
There are several reasons why it’s essential for you to stay up-to-date on your taxes.
You’re legally required to file your taxes every year.
Ensure the IRS receives the appropriate amount of taxes each year.
Avoid paying penalties.
To receive tax credits and refunds.
Documents You May Need
Some of the documents you may need when filing prior year tax returns includes:
W-2s
1099s
1098s
K-1s
Self employment: bank statements, credit card statements, and other bookkeeping information.
Those who are self-employed will have to show a profit and loss statement.
If you’re unsure on how to find these documents, we share advice on how to gather them.
Prior Years Filing Process
You can only e-file federal tax returns for up to three previous tax years. For example, in 2025, you can e-file your 2023 tax return. However, if you missed filing your 2022 return, you'll need to submit it by mail.
In some states, the e-file deadline may be like the federal income taxes. It’s best to check with a tax professional to know specific states' electronic filing deadlines.
If you’re mailing your tax return, it’s recommended that you certified it to keep track of its progress.
“From their records, it looks like you might owe them some money. This is their way to push you to file your taxes.” - Stacey Hoffman Smith.
“Got divorced. You had to move out of the house. You got a one bedroom apartment to restart. You got an 80 inch screen and a bean bag. But the IR's says you owe $30,000 for the last three years. Each year you owe like 90. You need to follow those returns.” - Layton Smith
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By Layton Smith and Stacey Hoffler SmithFalling behind your taxes brings so much anxiety. You don’t want to get into trouble with the IRS, so how can you catch up?
Listen to this episode to learn how to file taxes for prior years. Sit back, relax, and take notes with us at the Somerpoint Cigar Lounge.
Why Is It Important to Stay Updated on Taxes?
There are several reasons why it’s essential for you to stay up-to-date on your taxes.
You’re legally required to file your taxes every year.
Ensure the IRS receives the appropriate amount of taxes each year.
Avoid paying penalties.
To receive tax credits and refunds.
Documents You May Need
Some of the documents you may need when filing prior year tax returns includes:
W-2s
1099s
1098s
K-1s
Self employment: bank statements, credit card statements, and other bookkeeping information.
Those who are self-employed will have to show a profit and loss statement.
If you’re unsure on how to find these documents, we share advice on how to gather them.
Prior Years Filing Process
You can only e-file federal tax returns for up to three previous tax years. For example, in 2025, you can e-file your 2023 tax return. However, if you missed filing your 2022 return, you'll need to submit it by mail.
In some states, the e-file deadline may be like the federal income taxes. It’s best to check with a tax professional to know specific states' electronic filing deadlines.
If you’re mailing your tax return, it’s recommended that you certified it to keep track of its progress.
“From their records, it looks like you might owe them some money. This is their way to push you to file your taxes.” - Stacey Hoffman Smith.
“Got divorced. You had to move out of the house. You got a one bedroom apartment to restart. You got an 80 inch screen and a bean bag. But the IR's says you owe $30,000 for the last three years. Each year you owe like 90. You need to follow those returns.” - Layton Smith