IRS Payment Plan.. will they take my taxes?

This topic has 4 replies, 1 voice, and was last updated 1 year ago by MommaOf5.

Topic Starter
February 5, 2024 at 1:30 pm #4535167
MommaOf5
I owe the IRS from a mistake I made on my taxes years ago. Just found out about it last month and set up a payment plan. Will they still take my taxes even though I have an active payment plan? Just curious if anyone else has gone through this. Thanks

*filed married but jointly*
*4 dependents*

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- February 13, 2024 at 2:47 pm #4535985
  MommaOf5
  Gosh, okay. That sucks. But thank you guys for replying. I guess I was hoping for a miracle lol
- February 9, 2024 at 8:23 pm #4535629
  Mark
  I owed the IRS $7,000.00 about 15 years ago. I was also on a payment plan. Until you are paid in full with them they’ll keep 100% of your refunds and apply it to the amount you owe them even if you’ve never missed a payment. Doesn’t seem fair but that’s how they operate.
- February 6, 2024 at 3:06 pm #4535270
  NRK
  They will take your refund. If your refund is more than what you owe IRS, you will receive the balance.
- February 5, 2024 at 2:23 pm #4535172
  Derek W
  Yes. If you owe more then your return. They will take every penny of it.
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