Core Insights - A 21-year-old college student revealed on Reddit that their father has not filed taxes for over 24 years, leading to a situation where the IRS claims he owes approximately $150,000 in back taxes [1][2]. Group 1: Family Financial Situation - The father, who flips houses for a living, has not reported any income to the IRS and has been transferring money into the student's bank account, raising concerns about potential tax evasion [2]. - The student is currently unemployed and struggling to find work, while their mother is chronically ill and financially dependent on the father, who receives Social Security [3]. Group 2: Legal and Financial Risks - Commenters on Reddit highlighted that the father's actions constitute tax fraud, and the student may be seen as complicit in this illegal activity [4]. - Experts advised the student to immediately separate their finances from their father's by closing shared accounts and opening new ones in their own name to avoid potential legal consequences [5]. - There are suspicions that the father may have had his own accounts garnished, leading him to hide money through the student's account, indicating a deliberate attempt to evade tax obligations [6].
Their Dad Hasn't Filed Taxes In Over 24 Years. He Flips Houses For A Living And Thinks 'Everything Will Go Away If He Ignores It'
Yahoo Finance·2026-01-13 13:01