How do I know if I owe any taxes to IRS?

how do i know if i owe the irs

Posted August 26, 2013 7:51pm

They will probably send you a notice. Alternatively, you could call the IRS at (800) 829-1040 and ask, or you could contact your local office. I'm not sure which Virginia office is closest to you, but I've attached a link below that lists the various locations and phone numbers. Good luck!

Gregory David Verdibello

Posted August 26, 2013 7:58pm

Your tax returns will reflect whether or not a liability is due to the IRS. If you do not remit payment with your return(s), then the IRS will send you a bill for the amount due, plus a failure to pay penalty and interest. If you didn't file your return on time, then the IRS will also assert a failure to file penalty.

If you didn't file your return(s) at all, then the IRS might have prepared and filed a return for you based off of whatever income information they received. This is known as a Substitute for Return or "SFR." The SFR might reflect a liability depending on whether or not you had proper withholdings taken from your pay or made estimated tax


The easiest way to find out if you owe any taxes is to call the IRS toll-free at 1-800-829-1040. If you do owe, then I would suggest full paying the liability if you can afford to do so. If you can't afford to do so, then request copies of your "account transcripts" for all tax years that reflect a liability. Also request a 30-day collection hold. Bring your account transcript(s) to a tax attorney who can discuss collection options with you, such as a payment plan, offer in compromise, currently not collectible status, partial pay installment agreement, or bankruptcy.

Good luck.

This material does not constitute tax, legal or accounting advice. It was not intended or written for use and cannot be used by any taxpayer for the purpose of avoiding any IRS or NYS penalty. The information contained herein is for informational purposes only as a service to the public, and is not legal advice or a substitute for legal counsel, nor does it constitute advertising or a solicitation. This response is not intended to create, and does not create, an attorney-client relationship between you and the author.


Category: Taxes

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