Why Do I Owe The Irs Money
Generally this can happen if you are not having enough money withheld from your paychecks to cover your taxes or if you have other income like from investments or a business that arent covered by your withholdings. A deduction is a helpful tool for reducing taxes owed but a tax credits is even better. Tax Debt Why Do I Owe The Irs Get A 100 Accuracy Guarantee With HR Block for your US. Why do i owe the irs money . Chase told me that it was a government court order and that I should contact the IRS told me they couldnt do anything. Annons Trust The Experts At HR Block To Guide You Step By Step Through Your Expat Taxes. A tax refund happens when youve paid more than you legally owe to the IRS. They know approximately what you made and they know a little bit about some of your deductions but they dont know whether and to what extent you are entitled to additional deductions or credits or whether and to what extent you earned money from transactions not reported to the IRS. Yo...