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I’ll try and make this concise. My employer withholdings have always exceed my tax liability. Knowing this, I got lazy starting in 2011. First off, I didn’t know how to complete my return. Second, I knew I wouldn’t owe the IRS anything (and in fact would be owed a refund) so in my head I wasn’t worried about nonpayment of a debt. So I just didn’t file anything. Had no idea it was a big deal since I was essentially just choosing to not take the refund owed to me (…wasn’t great at money management back then either). The years began to pile up. Fast forward to 2018, and I got around to finally studying for the CPA exam.
It wasn’t until I started studying for REG that I realized failure to file taxes (even if you don’t owe anything) could be grounds for denial of a license. I have since filed all required 2018 and 2017 federal/state forms with all required penalties (still got paid a healthy federal refund). I confirmed that I have no liability to the IRS via their online tool.
I’ve passed all 4 parts of the exam, and have been certified in Illinois. I have no criminal history. However, there is still a gap from 2011-2016 whereby I have filed nothing. So I’m holding off submitting the licensure application for now.
Should I be worried? Should I just churn through all the missing forms to cover my bases? Has anyone ever heard of a state board denying a license for similar reasons? Any advice or feedback would be welcome.
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