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Originally Posted by Harris420 Just a quick question, I owe fines but have three children to claim will I get any taxes back ?? |
You mean back taxes that you owe to the IRS? it depends; aslongas your refund exceeds what you owe to the IRS then yes. If you owe money to a federal / state agency the irs may deduct your debts from your federal tax refund. Known as the Treasury Offset Program , the Bureau of Fiscal Service collects such delinquent debts (typically more than 90 days overdue) on behalf of other federal and state government agencies.
While the majority of taxpayers get a tax refund from the IRS each year, there are many taxpayers who owe and some who can?t pay the tax all at once. The IRS has a number of ways for people to pay their tax bill You may request an installment agreement if you cannot pay the liability in full. This is an agreement between you and the IRS to pay the amount due in monthly installment payments. You must first file all required returns and be current with estimated tax payments.