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What are my options if I cant afford to pay anything toward my tax debt?

 

A: If you can convince the IRS that you cannot pay any of your tax debt, the IRS may temporarily delay collection until your financial condition improves. You should know that if the IRS does delay collecting from you, your debt will increase because penalties and interest are charged until you pay the full amount. During a temporary delay, the IRS will routinely review your ability to pay. The IRS may also file a Notice of Federal Tax Lien to protect the government’s interest in your assets.


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