A
Adviseme1st
Guest
What is the name of your state? Washington, DC
Summer of 1999 I entered into a payment plan agreement with the IRS to repay back multiple years of back taxes. By the time I was finish paying OCT 2002, at $150.00 bi-weekly, I paid IRS about $14,000.00 in back taxes. Please note, that much of the cost was associated with penalties, due to non payment of taxes owed because the original tax amount owed was not that much, but the penalties and interest overtime accumulated to a substantial amount.
In any event, when I set up the payment plan the IRS rep indicated that once i had paid off my tax debt obligation, i could send a letter requesting that they waive some of the penalties and request a refund back. I was told that this request could only be made after I had first paid the entire debt for each year back first.
Question; Have anyone ever heard of this, where a taxpayer requests a refund back on penalties paid.
Question 2; Do you know if there is a time line (limit), on how long I have after paying the full tax debt obligation to request this waiver in writing to them. As i indicated my obligation to them was meet in full in Oct 2002, more than 7 mons. ago
Any advice/suggestions would be carefully considered and appreciated. Thanxs
Summer of 1999 I entered into a payment plan agreement with the IRS to repay back multiple years of back taxes. By the time I was finish paying OCT 2002, at $150.00 bi-weekly, I paid IRS about $14,000.00 in back taxes. Please note, that much of the cost was associated with penalties, due to non payment of taxes owed because the original tax amount owed was not that much, but the penalties and interest overtime accumulated to a substantial amount.
In any event, when I set up the payment plan the IRS rep indicated that once i had paid off my tax debt obligation, i could send a letter requesting that they waive some of the penalties and request a refund back. I was told that this request could only be made after I had first paid the entire debt for each year back first.
Question; Have anyone ever heard of this, where a taxpayer requests a refund back on penalties paid.
Question 2; Do you know if there is a time line (limit), on how long I have after paying the full tax debt obligation to request this waiver in writing to them. As i indicated my obligation to them was meet in full in Oct 2002, more than 7 mons. ago
Any advice/suggestions would be carefully considered and appreciated. Thanxs