Ok, got nailed with a CP2000, and they're saying I owe about 2.6k backtaxes..
Ok...fine, and dandy....
I don't dispute the amendments to be made, so anyone tell me if I can nickle, and dime them to death with like $100 montly payments, without a pre-arranged payment agreement, or do I need to ask them for permission, as to follow through. I really owe more, but they haven't caught on yet...
If I don't reply to the initial cp2000, then they're just going to proceed with the modification to my tax filing for that year.
The 3% APR is far cheaper than any plastic APR in my wallet...and before someone asks...No, I'm not raiding my 401k, or just paying it outright. That'll kill my vacation fund.
If you don't set up a payment arrangement with them then it leads them to be more aggressive. For that small amount they will gladly accept $100 a month on a payment arrangement. I think it's only when you try and carry it out past about 4 years that they get antsy. And if you have never been here before then you need to know that if you have any refund coming they will seize it (both federal and state) until the obligation is paid. Sadly spoken from the voice of experience.
@Burned2manybridgesB4 wrote:Ok, got nailed with a CP2000, and they're saying I owe about 2.6k backtaxes..
Ok...fine, and dandy....
I don't dispute the amendments to be made, so anyone tell me if I can nickle, and dime them to death with like $100 montly payments, without a pre-arranged payment agreement, or do I need to ask them for permission, as to follow through. I really owe more, but they haven't caught on yet...
If I don't reply to the initial cp2000, then they're just going to proceed with the modification to my tax filing for that year.
The 3% APR is far cheaper than any plastic APR in my wallet...and before someone asks...No, I'm not raiding my 401k, or just paying it outright. That'll kill my vacation fund.
When you say they haven't caught on yet, IF you owe them more than that, believe me, they will catch on at some point (sorry). Professionally speaking, I would apply online (your debt is under 50K) for arrangements or print off Form 9465 and mail it to them.. Tell them you can only pay $100 per month ($25 minimum).
I'm not quite sure from your post if you owe money due to a prior year tax amendment but I do know that problems with the IRS are much worse than credit card problems. You really need to proceed in the correct fashion as you don't want unnecessary penalties, garnishments, etc. at any time in the future. If you have a refund coming up, they will take that and apply it against your debt.
@Anonymous wrote:If you don't set up a payment arrangement with them then it leads them to be more aggressive. For that small amount they will gladly accept $100 a month on a payment arrangement. I think it's only when you try and carry it out past about 4 years that they get antsy. And if you have never been here before then you need to know that if you have any refund coming they will seize it (both federal and state) until the obligation is paid. Sadly spoken from the voice of experience.
I second this from experience take the payment plan and it won't report and they will ask what you can afford
....don't respond fast enough and you'll regret it. Take it from someone who said
OUCH that hurt
A kiss would have been nice or at least hold my hand
The core of my question is: if they see payment toward the balance, will they stand down? Not going to set up payments, and be charged a fee to do so. It's from '11, and I know the following two years will bite me too, for about 8k. Screw it..paying the whole thing off.
@myjourney wrote:
@Anonymous wrote:If you don't set up a payment arrangement with them then it leads them to be more aggressive. For that small amount they will gladly accept $100 a month on a payment arrangement. I think it's only when you try and carry it out past about 4 years that they get antsy. And if you have never been here before then you need to know that if you have any refund coming they will seize it (both federal and state) until the obligation is paid. Sadly spoken from the voice of experience.
I second this from experience take the payment plan and it won't report and they will ask what you can afford
....don't respond fast enough and you'll regret it. Take it from someone who said
OUCH that hurt
A kiss would have been nice or at least hold my hand
Ok, since I don't like being a cheap date.....
How long can I expect them to be clueless of my payment? We are talking a gov't entity, so should I expect them to "finalize" the payment within ten days, or beyond that?
@Burned2manybridgesB4 wrote:
@myjourney wrote:
@Anonymous wrote:If you don't set up a payment arrangement with them then it leads them to be more aggressive. For that small amount they will gladly accept $100 a month on a payment arrangement. I think it's only when you try and carry it out past about 4 years that they get antsy. And if you have never been here before then you need to know that if you have any refund coming they will seize it (both federal and state) until the obligation is paid. Sadly spoken from the voice of experience.
I second this from experience take the payment plan and it won't report and they will ask what you can afford
....don't respond fast enough and you'll regret it. Take it from someone who said
OUCH that hurt
A kiss would have been nice or at least hold my hand
Ok, since I don't like being a cheap date.....
How long can I expect them to be clueless of my payment? We are talking a gov't entity, so should I expect them to "finalize" the payment within ten days, or beyond that?
Check there web site they have offices in major cities that will accept payments and the pain will go away ASAP
Otherwise it could be the old GOV 2 step for awhile not to mention the backup from the recent shutdown
I've already sent the full amount through their cc service. No local offices for me.