Question

Tax Year Prior to 2020: Why I have an tax obligation

Forum|Forum|6 years ago
February 22, 2020
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You have a tax obligation when you earn money above a certain amount depending on your circumstances. The IRS requires taxes to be paid in throughout the year as income is earned.

D

dianedavis5257Author

What they mean about paying through out the year

W

WillK

Employee

If in preparing your return you have a balance due, you will need to make arrangements to pay your balance to the IRS and/or your state. For those who cannot pay their balance in full to the IRS on or before 4/15/2020 can apply for an installment agreement to make payments throughout the year.

To apply for an installment agreement click here: https://www.irs.gov/payments/payment-plans-installment-agreements

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