Headline USA

How do you know if you owe money to the IRS? | The NY Journal

[ad_1]

If you owe the IRS and you don’t catch up, they could charge you interest and penalties

How do you know if you owe money to the IRS?

There are three easy ways to find out how much you owe the IRS.

Photo:
Scott Olson / Getty Images

If you owe back taxes to the IRS, it is important that you know it to start paying them immediately, since, if you don’t, you could be charged interest and penalties.

But how can you know this information? Here are three ways to do this.

1 – The IRS may send you a notice in the mail to inform you that you owe them money. To avoid scammers, Remember that the IRS will never send you emails, text messages, or contact you by phone or social media, according to information from U.S. News.

For this reason, be sure to always open all letters the IRS sends you.

2 – You can view your tax account on the IRS.gov website. Your online tax account will allow you to see the amount you owe, reach a payment agreement online and you can even review the last 18 months of payment history.

3 – Also you can contact the IRS at 1-800-829-1040. Here they can tell you how much money you have pending to pay them. Keep in mind that many people call this line, so it may be difficult to communicate with a real person.

–You may also be interested: A second and even a third stimulus check could be approved

.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *