math_prof
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There is a form to set up a payment plan with the IRS. Call the local IRS office and they will help you. It is always better for you to go to them, than to ignore the situation. |
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angiemcwilliams
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You can make payments. They are very good about accepting payment plans of whatever you can afford. Also, if you are expecting a return next year, they will just take it out of that return. My husband owed taxes for state last year and they took it out of our federal tax return this year. It worked out well because we couldn't afford it. It did, however, slightly (a couple days) delay the balance of our return. Good luck |
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RICK AKA GRASSHOPPER
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I AGREE WITH DEVILY MOM ...FILE A EXTENTION. CONTACT IRS SET UP PAYMENT ARRANGEMENTS. IF YOU WAIT FOR THEM TO COME TO YOU ; YOU`LL PAY DEARLY. CHANGE YOUR W4 ..TO WITH HOLD MORE TAXES. TO WAIT TILL NEXT YEAR; AND FILE TWO YEARS TOGETHER; YOU`D NEED TO FILE SEVERAL EXTENTIONS.......... |
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Frank Castle
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You should file your taxes anyway and the IRS will help you design a plan to pay them.
If you forget to file the IRS will fine you with $25,000.00 and if you don´t pay the fine they will arrest you and put you in prison for up to a year. |
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answerman288
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payment plan |
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dtburdick
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Math_prof is right. They will work out a payment plan for you. If you don't and they catch you, you are screwed. AND it goes on your credit rating. |
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norman7774
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I do know that some people say... call the IRS and discuss it with them.. I would not count on anything good. If the amount is sukbstantial or somewhat substantial, you could always contact a tax attorney.. The ones here do not charge that much. Who did your taxes??? if it was Hewlett Jackson or some such firm, they would be good to get advice from also.. |
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TaxGuru
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The article below contains everything you need to know about asking the IRS to let you pay your tax in installments, including the drawbacks of doing so. Requesting an extension does NOT, I repeat NOT, help you in this. An extension only extends the time to file your return, not the time to pay your tax. You will owe interest and penalties on any tax not paid by April 17. |
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Darkchaos
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Ask for an extension |
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Justo
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Go to Jail. Do not pass GO. Do not collect $200 |
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devilymom
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file an extension and start to save up. |
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advocate172000
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emigrate |
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i2needaman
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Move to Canada. |
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jesseica
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Be honest with them. There is usually a reason that you have to pay to begin with and they understand that. Its the same for paying bills...
If you are honest with them they will almost always let you set up some sort of payment plan. If you run from it it only makes things worse. |
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firefly
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If you can't afford it, you'll probably on be taxed very little. |
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Zipper
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moved to Canada |
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