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What happens if you can't pay the IRS their money?
0
votes
I recently found out I owe the IRS $650, but I'm living on welfare & can't afford it. Will they arrest me if I don't pay, or should I declare bankruptcy? I don't own a car or a house, & I have no credit cards or bank accounts.
asked
3 months
ago
in
IRS
by
SteveTheMan
(
28,020
points)
Tweet
4 Answers
0
votes
They will put a 'hit' out on you!!
answered
3 months
ago
by
HealthInsurance101
(
28,800
points)
0
votes
WHY DO YOU GUYS PAY TAXES IN THE FIRST PLACE.
HOLY S H I T.
answered
3 months
ago
by
AnnuitySettlement
(
26,020
points)
0
votes
No they wont arrest you. $650.00 is not that big of a deal. What is the best step for you is too contact the IRS, explain your current financial situation to them. If they don't forgive the debt they will help to negotiate a settlement which is usually half of what is owed. Then they will put you on a payment plan which can be very easy, like $20.00 a month.
Talk to them, they are not as scary as people think.
Good Luck, but remember, don't put this off. The one way to get on their bad side is to avoid them.
answered
3 months
ago
by
DonateYourCar
(
26,260
points)
0
votes
No, don't panic - they will not arrest you. Just contact the IRS and explain your situation to them, and they should work out something. So long as you are upfront and honest with them, there should be a solution for you. Good luck and take care.
answered
3 months
ago
by
HealthInsurance101
(
28,800
points)
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