Please help

[u/Tall-Inevitable7441]

When I filed my taxes from a previous year it said I owed 3561. This letter from the irs says I owed 6533 when I filed, I’m also unsure what the payment or credits are for because I haven’t made any payments.

It is true I can file a form to ask for forgiveness on interest/penalties. And if so, what would my new amount be ? Thank you

[u/Its-a-write-off]

Could that 2986.00 "payment" be what you were due for a later year refund, that they then took to apply to the old debt? The small difference between 6561.00 and 6533.00 could have just been an error they fixed in your favor.

You may be able to get the penalties waived, yes. I don't think you can get the interest waived though. Do you have your tax returns for all the years filed and paid at this time?

[u/Tall-Inevitable7441 → u/Its-a-write-off]

It’s 3651 and 6561 so I feel like that’s a big difference? And no there’s no refund they could have taken. I’m up to date on every year prior but not 2024 which I’m about to file. It’s a refund though not an amount owed so it should help out.

[u/Its-a-write-off → u/Tall-Inevitable7441]

Oh, my bad, I read that wrong. The amount they said you owed minus that payment they listed does come close to what you show you owed when you filed. Perhaps that explains it?

Access your account transcript for that year, and share it here in this thread.

https://www.irs.gov/individuals/get-transcript

[u/Tall-Inevitable7441 → u/Its-a-write-off]

Oh okay I see what you are saying now. I originally owed the 6 and on the transcript and it says the payment was my tax withholding. Which then brings that down to the amount my refund said I owed. I feel so silly now .

[u/scotslover → u/Tall-Inevitable7441]

They'll hold any refund if you have not filed a year. Waiting to see if you owe for that year

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[u/these-things-happen]

Are you able to access your online account transcript for 2023?

https://www.irs.gov/individuals/get-transcript

[u/Diligent-Street-8909]

You can call the IRS and request a first time abatement ,even for multiple tax years. Once abatement is processed an agent will give you the ,new, amount owed. Then request to speaker with the balance department to discuss payment plan options. Do your best to honor the monthly payment plan because interest will accumulate each month. If you have access to your online account, you can make your payments there.

Hope this helps

[u/AdMedical2011]

I’ve had something similar and was able set up a preferred monthly payment online thru irs.gov

[u/Tall-Inevitable7441 → u/[deleted]]

I don’t understand

[u/FoundationsofDecay69 → u/[deleted]]

Does that work if I owe multiple years?

[u/these-things-happen → u/FoundationsofDecay69]

First Time Abate criteria applies to the Failure to File and / or Failure to Pay penalties for individuals. The Taxpayer must have a three-year history of prior compliance to qualify.

If FTA isn't an option, penalties may be abated under Reasonable Cause criteria, which is a much higher bar for eligibility.

[u/FoundationsofDecay69 → u/these-things-happen]

I haven’t filed in (I think) 4 years.

Most of my taxes get paid via my W2 job but I definitely owe for some gig work.

[u/Tall-Inevitable7441 → u/[deleted]]

So I have to pay the thousands first? I’m just not able to do that

[u/these-things-happen → u/Tall-Inevitable7441]

Please reply with a screenshot of the account transcript, including all Transaction Codes, Transaction dates, and dollar amounts.

Crop out or cover your personal information at the top of the image.

[u/Tall-Inevitable7441 → u/these-things-happen]

It won’t let me post the photo, I’ve tried several times

[u/these-things-happen → u/Tall-Inevitable7441]

Screenshot the transcript.

Crop out your personal information.

Upload to imgur or the hosting site of your choice.

Reply with the link.