Content Overview
- Summary
- Alternatives For Handling Tax Debt
- Alternatives To Consider If You Cannot Reach An Agreement With The IRS
- What To Do If You Have Not Filed A Tax Return That You Were Supposed To File
- What To Do If You Receive A Notice From The IRS That You Owe Money
- How To Ask For A Waiver Of IRS Penalties
- How To Speak With The IRS Effectively
What To Do When You Owe Money For Back Taxes To The IRS (Whether The IRS Knows It Or Not)
How To Ask For A Waiver Of IRS Penalties
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Regardless of which method of handling your bill you choose, you can ask the IRS to cancel penalties to reduce your bill. You'll have to convince the Examiner that you had a good excuse for failing to follow the tax law. Telling the IRS about your illness could be such an excuse.
You can ask anyone at the IRS to cancel a penalty, even if you've already paid it. If a personal plea doesn't work, it might be more effective to file Form 843, "Claim for Refund and Request for Abatement, which is available at www.irs.gov/pub/irs-pdf/f843.pdf .
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