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Long long to payoff?

Submitted by lmale on Mon, 08/04/2008 - 06:02
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Does anyone know how long the IRS gives you to pay off a debt, I'm thinking its have 5 years, but I can't find the information.


i would think it depends on the size of the debt.some they might request be resolved in a shorter time.


Submitted by paulmergel on Mon, 08/04/2008 - 06:11

paulmergel

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I had a state tax debt from 1996 , was filed as a tax lein on my credit report in 2000 at double the amount owed, and finally able to pay it off in 2005, and it still is on my report. Cant figure that one out. so in answer to your question, pay as soon as you can or more fees get added


Submitted by on Wed, 12/17/2008 - 21:00

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