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Video instructions and help with filling out and completing Why hasn t the irs taken my payment
Lonnie is in Oahu Hawaii hey Lonnie how are you I am great thank you so much for taking my call sure what's up okay so this is a tax question so my husband and I started doing our taxes online and it turned out that we show that it we are gonna have to owe federal and state about 1400 and federal 700 and state and we do not have the funds at all to be able to pay those what we owe and so just trying to get some suggestion on what you think we should do how we should pay it we're on baby step number one only so we looked at the options that was either during the payment plan but that of course comes with fees and interest and penalties for trying to acquire household income only my husband working his so our house would income is about 38,000 okay the kids or what hi yes I'm at home okay what they're young yeah he's working forty hours yep and okay the first thing is this when you cannot pay your taxes you file your tax return anyway because there's also a failure to file penalty that is in addition to the failure to pay penalty it doesn't keep you from it doesn't keep you from having a penalty it just lowers the amount of penalty by paying on it by filing on time so before okay on or before April 15th I would wait until right at April 15th to file between now and then I'm gonna sell everything in sight we need a big garage sale we need to figure out what else we can sell what we can put on Craigslist or whatever it is and we need to start moving some stuff out of there the second thing we need to do is your husband needs to start doing some kind of extra work at night delivering pizzas or whatever to make some extra money really really really fast now do you have your $1,000 we we actually did we had it but then we got into we're actually traveling for my husband's work and so we hit hard plays and we actually had to use it so we could eat but we're trying to look back on putting it back in there how did you hit a hard place traveling through your husband's work okay because we're living out of a hotel and I guess are trying to eat out of a hotel ever since we don't have a kitchen and trying to cook and stay on a budget it's been kind of hard to feed three of us so we've we've I had I guess spent more money on eating than then we were okay so what why are you where do you guys live normally so we actually live on Oahu but we're here in California for three months for my husband's job he's a he works.