![]() To qualify for the H&R Block Maximum Refund Guarantee, the refund claim must be made during the calendar year in which the return was prepared and the larger refund or smaller tax liability must not be due to incomplete, inaccurate, or inconsistent information supplied by you, positions taken by you, your choice not to claim a deduction or credit, conflicting tax laws, or changes in tax laws after January 1, 2023. ![]() If you discover an error in the H&R Block tax preparation software that entitles you to a larger refund (or smaller liability), we will refund the software fees you paid to prepare that return and you may use our software to amend your return at no additional charge.Federal pricing will vary based upon individual taxpayer circumstances and is finalized at the time of filing. Additional fees apply for tax expert support. ![]() Additional terms and restrictions apply See Guarantees for complete details. It does not provide for reimbursement of any taxes, penalties, or interest imposed by taxing authorities and does not include legal representation. Free Worry-Free Audit Support is available only for clients who purchase and use H&R Block desktop software solutions to prepare and successfully file their 2022 individual income tax return (federal or state).So, now you have the answer to “ What if I can’t pay my taxes?” If you need help, learn about H&R Block Tax Audit & Notice Services or make an appointment to see your H&R Block tax pro. If you have to pay your taxes late or if you can’t pay your taxes, you might still be able to work out something with the IRS. The moral of the story: Owing and not being able to pay a tax balance isn’t fun, but it’s only a problem if you don’t take action. File Form 9465: Installment Agreement Request to set up a payment plan for your balance due.To do so, complete an online payment agreement. If you owe $50,000 or less in combined taxes, interest, and penalties, you can request an installment agreement. You’ll owe interest on the balance, and you might owe a late payment penalty. If you can pay your taxes, but just not quite at the tax due date, here’s what you should do.įile your return and pay whatever you can. The IRS can also issue federal tax liens that can destroy your credit and make it hard to sell property or obtain a loan.Ĭan’t pay your taxes due to unemployment? Be sure to visit our Unemployment Resource Center for helpful articles and information. If you don’t make arrangements with the IRS to use one of the options listed above, the IRS can take money out of your wages (wage garnishing) or your bank account ( levying a bank account), which can put you in a worse spot. ![]() Whatever you do, don’t just ignore the taxes you owe. More good news: The interest rate is currently only 3% on payment plans. The good news is, you can get one of these payment alternatives if you qualify and you contact the IRS to request it. Taxpayers commonly use an OIC when they have few or no assets and have trouble paying their necessary living expenses.
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