can you buy a house if you owe federal taxes
The same is true for corporations that expect to owe at least 500. If you dont know whether youll owe that much you should calculate your tax liability to be sure.
Owe The Irs You Have A Few Options If You Cannot Afford The Bill Forbes Advisor
In particular you need to make estimated tax payments if you expect to owe 1000 or more in taxes when you file your annual return.
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