Kid is 26 and now filing for 2006, 2007 and 2008 as self employed. He's now painfully aware of the difference between an employee and a sub.
He will owe about $9000 total, mostly in SE tax for those three years. He's due a refund of about $1000 for 2009, of course it will be applied to the balance. He was an employee, per IRS regs, but he does not want to make waves for his employer, who issued the 1099s. (friends)
He has no assets and will have to set up an installment agreement.
File all 3 years ASAP?
Attach a letter to each return asking to forego penalties?
What's the best course of action?
Thanks
