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Shady Amish Terror posted:Stuck in the eternal limbo state despite filing every year. Probably because I'm horribly in debt and still owe the IRS a good deal. Same with state unemployment, but I'm self-employed in the south, so that's not a surprise. Have you asked the IRS for an offer in compromise? They know how much you make, and if it's a one-time issue that would be really difficult to pay back, they can be surprisingly generous in what they're willing to forgive. I knew someone who had a high-four-figure tax debt after he took a 1099 job (without anybody explaining to him what that meant for taxes) - after a few rounds of paperwork they let him pay about 15% and forgave the rest with a stern bureaucratic warning that if he did it again they'd gently caress him up. There are shady companies that advertise on late night TV that they'll handle the paperwork for you, but they just take money for doing things you can do yourself. The IRS has more information here: https://www.irs.gov/newsroom/irs-explains-how-offer-in-compromise-works
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Apr 24, 2020 22:49
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| # ¿ May 16, 2024 21:20 |
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