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Message
1
Posted on 4/12/10 at 4:25 pm to tgrbaitn08
quote:
Unless of course you can pay it off in a month
if he could pay it off in a month, he wouldn't have started a thread about it IMO
Posted on 4/12/10 at 4:25 pm to skygod123
If I spent more time on the money board I likely wouldn't be in this situation. I have no idea what to do. I want to tell them to F off, but I don't think that will end well. Maybe I can just slide a decimal place off of what I owe and cut them a check. Maybe they'll have a dumbass looking at it.
Posted on 4/12/10 at 4:27 pm to Gaston
frickem..don't pay them at all. They will never find you. 
Posted on 4/12/10 at 4:27 pm to Steauxn
Yea, I can't pay it off in a month. I have room on a credit card, but that seems insane.
Posted on 4/12/10 at 4:29 pm to Gaston
if you can pay it off in a month, charge it to a card.....thats a no-brainer/.
don't get into a pissing match with the IRS, you'll lose your arse
don't get into a pissing match with the IRS, you'll lose your arse
This post was edited on 4/12/10 at 4:31 pm
Posted on 4/12/10 at 4:30 pm to Gaston
If you dont mind, how much are we talking here?
Posted on 4/12/10 at 4:31 pm to Gaston
quote:that seems like higher interest than a Cu would offer to me.
Yea, I can't pay it off in a month. I have room on a credit card, but that seems insane.
Posted on 4/12/10 at 4:32 pm to skygod123
quote:
that seems like higher interest than a Cu would offer to me.
interest is only charged on the end of cycle balance
Posted on 4/12/10 at 4:34 pm to Steauxn
Ugh. Just seems crazy to owe 25% of everything you make to the government, after paying taxes for everything you buy while they are already taking out for social programs like social security and Medicare. Also seems like insurance should be deductible since I'm paying in for everyone else anyway. Ugh, piss on it. I have to work everyday anyway.
Posted on 4/12/10 at 4:36 pm to tgrbaitn08
~$5500 over what's been withheld from our checks.
Posted on 4/12/10 at 4:36 pm to Gaston
I wouls try to set up a payment plan with the IRS and pay it off as fast as possible. I do not think that the interest would be 25%.
Posted on 4/12/10 at 4:36 pm to Gaston
quote:
social security and Medicare.
I'll take Programs that will be irrelevant by the time I'm 65 for 500 please Alex
Posted on 4/12/10 at 4:37 pm to threeputt
Yea, that's what I don't know. What are the penalties, verses what is the interest they charge. I have a feeling I won't be able to find out before the 15th anyway.
Posted on 4/12/10 at 4:42 pm to threeputt
quote:
I do not think that the interest would be 25
federal short term rate +3% plus penalties, and monthly fees.
if you can charge your debt to a card and pay said card off in 2 months, you will save money
Posted on 4/12/10 at 4:43 pm to Steauxn
its going to cost you $200 just to enter the freakin installment agreement
Posted on 4/12/10 at 4:46 pm to Steauxn
I'd rather that than take out a loan. Just another monthly bill I can chalk up to 'cost of being alive', along with my $175/mo for 30 YEARS note after Katrina.
Posted on 4/12/10 at 4:49 pm to Gaston
If you have equity in a vehicle, put it up for collateral. Lower rate than signature loan and easier to get because there is collateral. Never lie to your lender - fraud is the word that comes to mind. You wouldn't want bail money to be added to that loan balance. Good luck! 
Posted on 4/12/10 at 4:49 pm to Gaston
a loan would only be worth it if you couldn't pay of a credit card in a few months. both a credit card and a loan are better that late fees and penalties from the IRS.
from everything you've said, charge your credit card and pay it off in a no more than 2 months
from everything you've said, charge your credit card and pay it off in a no more than 2 months
Posted on 4/12/10 at 4:55 pm to Steauxn
This same crap was happening to my wife and I until this year. We both had second jobs and neither of those took any taxes out. We also had rental income that did not take taxes out. So I changed my W-2 on my main job to single, no dependents and I received $1500 back this year instead of writing a 3k check.
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