Tax Related

I Am Risking My Life to Help My Sick Husband

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Question: Dear Steve, I started a GoFundMe page, not only to raise money, but to raise awareness so that my husband could get in the radar to receive a kidney sooner as opposed to later. We are living off of fumes. I have always been the primary breadwinner but became disabled 6 years ago. I am keeping us barely alive ... Read More »

Does My Mother With Cancer Have to Pay Taxes on Her Crowd Funding Campaign?

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Question: Dear Steve, My mother was recently diagnosed with stage III cancer. She (nor any of us) does not have much money. Luckily, she has insurance, but it is income based. I want to a crowdfunding campaign to help her with finances, but I don’t want it to push her out of being eligible for insurance. It seems that things ... Read More »

I Got a 1099-C From an Old Marriott Timeshare Debt

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Question: Dear Steve, I received 2 1099-c in March. The first was for a Marriott Timeshare. The second was for a Credit card debt incurred in a business my husband had at the time. My husband and I are still married but have been separated for almost 2 years. I live in CA Last payments on this debts occurred in ... Read More »

I’m so Stressed Over Having to Pay the IRS

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Question: Dear Steve, I’m a very long time followers and you’ve helped me out numerous time both in answers to my direct questions as well as the general information. And I was hoping for one more time. This is not directly about debt and I’m hoping to keep it this way as you will see below. Hopefully you can help ... Read More »

With Forgiven Debt Both Spouses Can Get the Full Tax Bill

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Question: Dear Steve, I came across your site doing research for a client on 1099-c from an ex spouse. Very helpful and it led me to this information on my Intelliconnect research site. You may already know this but I thought I would send it on. Thank you for your help and I just wanted to try and pay it ... Read More »

How Do We Deal With the IRS and Our Failed Business?

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“Dear Jim, My family owns a small restaurant that’s been struggling for years. We owe the IRS and the state back taxes and have been working with various payment plans but can never get caught up. My dad even took a second job in 2011 to aid in repayment. A lawyer advised him then to shut the business down but ... Read More »

Will I Need My IRS ITIN to Get Married?

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Question: Dear Steve, I have an ITIN number I got it on 2006 I have not used it for my taxes since then but I have the original paper. How can I know how much I owe, where do I have to go, how can I use it? I am going to get married and I will need this for ... Read More »

The IRS Won’t Stop Chasing Us for Debt We Don’t Owe

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Question: Dear Steve, My husband and I recently found out that his ex wife filed taxes and forged his name on 2008 taxes, after they were separated. She had taken a settlement in 2008 and never paid the taxes on it, which left over $11,000 owed to the IRS. The amount has now grown to over $17,000 and they say ... Read More »

My Tax Refund Was Intercepted Because of Delinquent Student Loans

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“Dear Steve, I have a federal student loan that I haven’t been paying on. My 2014 tax refund has been garnished. Is there any way to get this reversed. If I set up a payment schedule with the US Department of Education C/o Great Lakes Higher Education Guarantee Corp? Thanks, Roger” Dear Roger, If your tax refund was intercepted by ... Read More »

How Do I Deal With These Back Taxes and 1099-C I Just Got?

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“Dear Jim, I am dealing with several major tax issues with the IRS right now and my situation is very complicated — I really need your help. I am a single female in my 50’s, unemployed, without any income, and have not worked since 2006 due to medical reasons. In March, 2008 I filed a Chapter 7 bankruptcy when my ... Read More »

My Boyfriend is Scared of the IRS. – Journey

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“Dear Steve, My boyfriend has the IRS after him from a 2009 audit that went into noncollectable status in 2010. Recently, we have had a knock on the door and a note left from the IRS with impending doom. My girlfriend said that adding a second person on the bank accounts will prevent any bank swipes from the government because ... Read More »

How to Avoid IRS Collection Action and Levies

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Bob never intended for it to get this far. When he filed his return in April, he thought, “I’ll pay this off in a month or two.” Somehow, like many Americans, his good intentions fell by the wayside as other urgent financial obligations arose and his unpaid balance at the IRS remained unpaid longer than he intended it to. Of ... Read More »

IRS Offers Payment Plans to Those Having Money Troubles

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If you owe the IRS taxes and you’re having a difficult time paying, you’re not alone. In 2010, 23.9 million individual taxpayers filed a tax return with a balance due. More than 20 million taxpayers paid the tax with their return, after the first IRS notice, or after receiving an extension to pay from the IRS. However, another 3.8 million ... Read More »

How Can I Find My Individual Taxpayer Identification Number? – Miriam

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“Dear Jim, When I was younger my aunt got me an ITIN number from the IRS so that she could claim me as a dependent on her taxes. Now that I’m an adult is that ITIN number still valid? and if it is how do I find out what the number was? Thank you. Miriam” Hi Miriam: In order to ... Read More »

I Filed Bankruptcy But Still Owe the IRS. – Wanda

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“Dear Jim, I was audited by its in 2006. It was because the tax preparer was listing me as single when I was filing head of household I am married but my husband worked seasonal. The irs sent me a letter stating I owed them $12,000. So they took my taxes. I filed for bankruptcy I told my lawyer that ... Read More »

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