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What tax year is IRS auditing now?

If I am enrolled in an IRS tax repayment plan for a previous year, will the IRS w/hold my return for this yr?

  • I have set up a tax repayment plan with the Fed IRS last year pertaining to a 2008 tax issue. This year I expect a large tax return b/c my husband and I adopted a specila needs child. Will the IRS withhold my tax return (or a portion) to apply to the remainder of my payment plan or will my payment plan continue as normal and I will receive my full refund?

  • Answer:

    Any overpayment will be offset toward your outstanding liability as of the date your return is processed or April 15, whichever is later. Even though you don't receive the refund, it is to your benefit to file as early as possible because an early processing date reduces the amount of late payment penalty and interest you are charged on the delinquent tax.

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Yes if you haven't paid all you owe yet, they'll apply your refund to it.

Judy

When you set up the installment agreement, you signed a contract. That contract included the adviso that any and all refunds would be applied to the balance due (and don't even count as a monthly payment). If the 2008 debt is NOT from a MFJ return with your husband and you do not live in California, Idaho or Louisiana, your husband can fiel a form 8379 with the return to request an allocation of the refund. However, the debt would still be out there and you would still be paying penalties and interest.

Quick Answers

as long as your previous obligation has not been satisfied, yes

tro

Sorry to tell you this, but i had one of those and they took my refund for the rest of the money I owed them.

Christian

Call them and ask. Often your refunds are a stipulated part of your payment plan. You need to call to find out. They will tell you.

Milton

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