Back taxes refer to taxes that were left unpaid either completely or partially in the previous fiscal year. Your unpaid tax can be at the federal, state, or both levels. Unresolved back taxes can hurt you in the long run because they accumulate penalties and interests regularly. Thus, the earlier you sort them out, the better for your taxes and financial wellbeing.
The first step towards sorting out your back taxes is knowing that you owe back taxes. If you are wondering how you can find out how much you owe the IRS in back tax, one way is to wait for the IRS to begin to send you their scary notices but can assure that you that that is a bad option.
There are other ways to find out how much you owe the IRS in back tax. They are:
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Call the IRS and ask
Sounds simple right? It is as simple as it sounds. You have the option of just picking up your phone to call the IRS and you’ll be told how much you owe them in unresolved back taxes.
If you are calling the IRS, you should note that you may have to endure a few minutes of wait time. After this wait time, an IRS representative will attend to you, pull up your records from their system, and tell you exactly how much you owe.
If you are calling on behalf of a business, you can call the IRS at 1-800-829-4933 between 7:00 a.m. to 7:00 p.m. local time. If you are calling as an individual taxpayer, call the IRS at 1-800-829-1040 between 7:00 a.m. and 7 p.m. local time.
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Use the IRS online system.
Have a problem with calling the IRS? No worries, you can simply reach them online.
The IRS has an online platform for taxpayers where they can easily check all the important details that they need to know about their taxes. One of which is the amount they owe to the IRS in back taxes.
The online system can only be accessed on Monday from 6:00 a.m. to Saturday 9:00 p.m. ET, and on Sunday from 10:00 a.m. to midnight ET. The online system will also require certain specific details from you to enable them to verify that it’s you. Once you provide all the details that the system requires, you can even begin to pay your taxes via the online system.
You can do this and more; the best part is that it is completely free.
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Get professional help
This is the easiest way to sort out your delinquent back taxes, as tax debt relief professionals do all the work for you. You can contact us, give us all the necessary details and we will be glad to provide you with complete information on how much you owe the IRS. Additionally, we will be happy to help to provide you with customized solutions on how to pay the IRS back.
The last option would be to send a mail to the IRS. This is not a very preferred option because it will take longer and the penalties and interests will continue to accumulate during the amount of time that it takes to process your request. According to multiple sources, it takes the IRS about one or two days (depending on the number of emails to go through) to process electronically filed complaints, whereas sending a snail mail makes the process take much longer.
In the end, the final decision of how to request the amount you owe in back taxes from the IRS is up to you. Nevertheless, it is most advisable to opt for the easiest option that offers you the most benefits; call a qualified tax professional today.
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