 IRS solution??? |
| I have been told by my employer that they are going to start deducting 100% of my paycheck until a $5000 bill is paid. This is termed a "levy". I called one of those tax negotiation ... |
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 If my boss pays me with cash or personal check do they still take out taxes? |
| taxes that were taking out of my check when i worked elsewhere and got a payroll check i was able to file at the begining of the year and get back. the taxes that are being taking out of my pay now i ... |
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 IRS Disputes my 2005 tax return, now what? |
I received a IRS envelope yesterday. (Oh joy!)
And they are disputing my return for 2005.
In the letter, they say I "may" owe them $7,000.
Can someone out ... |
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 Can a married couple file taxes seperatley? |
| My husband got his W2 already, and we were wondering if we have to wait for my w2 to come, or can we file seperatly?... |
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 I have ALL the stimulus rebate answers...I waited about 40 min but talked to IRS? |
| Heres how to figure out. If you are had your tax refund dd to your account and think your stimulus should also be but isnt there. Check where your tax refund was dd from. If it doesnt say IRS or ... |
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 Child tax credit renewal forms.? |
| when are they being sent out? im not phoning them cos last time they messed up and i was overpaid - why do they have thick ppl in those call centres.... |
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 If you did your taxes, did not make enough to pay, but u get a refund, is it ok to still file it in late? |
| There is a $150 refund, but since I only earned $3,000 all year, would I get a penalty if I filed it now? Would I even get my refund money while turning it in this late?... |
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 QUESTION RE POSTED as suggested BY SUZY? |
my pay went from 10/hr to 12/hr. we get paid semi monthly...each check is for 86.67 hrs. i live in wisconsin and i claim 6 on my w4 (i could have claimed 12 according to the worksheet)
i am ... |
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 No stimilus check yet, why am I not surprised!? |
| Here it is 3:15pm and no check in my account! Surprise Surprise. My husband and I filed jointly and have the same last two digits in our SSN and had direct deposit thru turbo tax and yet my back ... |
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 Where is our tax relief money? |
| My husband last two digits of his social is less than 20. We had our tax refund direct deposited. We should have gotten our tax relief by now. Does it go by one spouse or the other? His name is ... |
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 Can I claim my husband and my new son on my income taxes this year? |
| I got married in july of this year and I had a son this month and I was wondering if I can claim them both.... |
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mzsunrize | I owe $200 in taxes for '07. Can I file and NOT send a check? |
I read that if you owed taxes the government will just take it out of your rebate. Is this right? |
 |
 
Matt G
 |
From the IRS Web site:
Q. I owe some money on my 2007 tax return but the amount I owe is less than my expected stimulus payment. Can I wait to pay the balance due and simply let my stimulus payment cover it?
A. You should file your 2007 return and pay the entire balance due by April 15. You should not wait for your economic stimulus payment to offset the balance due. If you wait, penalties and interest will accrue between April 15 and the date the balance is paid, even if it is ultimately covered by the stimulus payment, which will not be available before May. [New 2/28/2008]
Q. I'm eligible for a payment but I still owe federal income tax from a prior year. Will my payment be reduced?
A. Yes. For this purpose, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support. If this occurs, you will receive a letter explaining how the stimulus payment was applied.
The implication, as I read the answers, is that you can file without making a payment and your tax payment, plus interest and penalties, would be deducted from your stimulus payment.
The important thing to know is that filing for an extension is, by IRS rule, NOT an extension to pay. An extension is typically done when someone does not have all of their information, or is tardy in completing his or her return. However, and it is an important however, you must still provide a good faith estimate on your extension as to what your earnings and taxes will be, and pay it, if an amount is owed.
Matt |
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cyberngern
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If you owe only $200 to the govt., pay it now before the IRS gets back at you. |
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Judy1
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Yes you can file without sending a check - if you don't send it to them fairly soon though, they'll contact you to either set up a payment plan, or just take it out of future refunds. If it isn't paid by 4/15 you'll pay interest and maybe penalties.
Ignore the suggestions to get an extension - that won't help. An extension is just to file, not to pay - the payment is due 4/15 even if you get an extension. |
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Beverly S
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You need to file & request an extension. If you file & don't pay and don't file an extension you will be penalized. Extension is an easy form. I'm sure they will take it out of rebate but if you don't file the extension then you are non-compliant with the IRS & that is NOT GOOD. |
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v b
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Yeah, you can do that.
Just be aware that the IRS *will* charge you interest and penalties from 4/15 to the date the check is cut. |
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MO
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All tax liabilites will be garnished from these rebate checks. |
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woodluvto
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You should file the return even if you cannot pay. After filing the IRS will send you a bill. You will be charged a late payment penalty and interest but you will not be charged a late filing penalty if you file by the due date.
Don't bother with extension. It is an extension of time to file and not an extension of time to pay. If you owe more than 10% of your tax amount your extension will be revoked. So no point in bothering with it. |
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lacesd
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if cant pay better get an extension. yeh you can file if yuo are getting anything back they will take it. but i think they can add fines or late fees not quite for sure but yeah you can just file then. |
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Michelle H
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better file and ask for the extension last person mentioned. There is a form you can send in with your taxes to do it. April 15 is approaching rapidly and you can get in trouble for not filing on time, but extensions are available. |
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hljadds
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Yes you can but you might also want to set up a payment plan.
http://www.irs.gov/taxtopics/tc202.html |
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