by its assessment, you didn’t meet the qualifying criteria. So, your income may be too high. Or your tax debt total may be too low. Lots of individual things can come in between you and the program. However, that doesn’t mean you can’t get your own version of a fresh start!
Eligibility Criteria for the IRS Fresh Start Tax Program To qualify for the Fresh Start Tax Program, you must meet specific eligibility criteria. These requirements include experiencing a 25% drop in income, having an annual income below $100,000 (single) or $200,000 (married), and owing les...
The regular (usually monthly) tax payment you introduce to the IRS should be tied to existing IRS criteria. For example, you should subtract household expenses from your total income. Then cut a check for the difference to the IRS. Bear in mind that, even with an agreed-upon payment plan...
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