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The Watercooler
Pres. Bush signed Tax Rebate Bill
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<blockquote data-quote="hearts and roses" data-source="post: 127615" data-attributes="member: 2211"><p>That is exactly what will happen for my H as well. Being self employed and a delinquent tax payer, any refunds go directly towards his outstanding balance...which is why we file separately now! I am not going to let my hard earned dollars go towards his delinquent tax bill (it was from before we were married!). Don't get me wrong, H is paying it off slowly, but the IRS will not cease the penalties and interest acrruements, so his balance doesn't really ever go down. At one point he looked into doing an "Offer of Compromise", which the IRS told him to do, but they didn't tell him that it would take years and he'd have to jump through hoops to do so.</p><p> </p><p>You know what they say, "Nothing is free".</p></blockquote><p></p>
[QUOTE="hearts and roses, post: 127615, member: 2211"] That is exactly what will happen for my H as well. Being self employed and a delinquent tax payer, any refunds go directly towards his outstanding balance...which is why we file separately now! I am not going to let my hard earned dollars go towards his delinquent tax bill (it was from before we were married!). Don't get me wrong, H is paying it off slowly, but the IRS will not cease the penalties and interest acrruements, so his balance doesn't really ever go down. At one point he looked into doing an "Offer of Compromise", which the IRS told him to do, but they didn't tell him that it would take years and he'd have to jump through hoops to do so. You know what they say, "Nothing is free". [/QUOTE]
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Pres. Bush signed Tax Rebate Bill
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