IRS Settlement
Date: Sun, 02/13/2011 - 08:49
Hello
Currently I owe the IRS about $5,200.00. I am on a payment plan of $100.00 a month. Never missed a payment, been paying for years. Does anyone have experience with the IRS taking a lump sum one time payment for less? Can I settle this debt for lets say $4,000.00?
TIA
Rich
Currently I owe the IRS about $5,200.00. I am on a payment plan of $100.00 a month. Never missed a payment, been paying for years. Does anyone have experience with the IRS taking a lump sum one time payment for less? Can I settle this debt for lets say $4,000.00?
TIA
Rich
You need to go to their office and ask about filing an "offer in
You need to go to their office and ask about filing an "offer in compromise." They usually will accept a one time, if it is reasonable, from what I have read.
