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| *Loan,banking and credit>>>tax filing |
How long can the IRS hold a person liable for filed unpaid tax? |
I owe back to year 2000. I am making payments,everything is up front,but with the intrest I will never catch up! By law, the IRS has the authority to collect outstanding federal taxes for ten years from the date your liability is due. This is right out of the link I have attached to this answer. It is irs publication 594 Source(s): http://www.irs.gov/pub/irs-pdf/p594.pdf... I think they can keep coming after you until they get the money. Maybe you could put the taxes on a low or no interest credit card so that you pay the government off and don't have to deal with their high interest rates? they will take your tax returns every year until they get their money. They will haunt you forever. They will receive payments forever, and then collect from your estate if you die with any assets. If you increase your withholding from work that might help you accelerate payments. And dont do what the first person said of putting anythng on a credit card thats a sure way to disaster. Go see the IRS customer service people, customer advocates, you maybe able to set up a payment plan. |
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