Payment plan and refund on current return

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  • thomtax
    Senior Member
    • Nov 2006
    • 1276
    #1

    Payment plan and refund on current return

    Client is filing a payment plan for past taxes. Assuming that all payments are current, does anyone know if the IRS will take any refunds that they might receive in future years if there is still a balance due?

    Thanks,
    LT
    Only in government or politics is a "cut in spending" really an increase. It's just not as much of an increase as they wanted it to be, therefore a "cut".
    Tags: None
    • WhiteOleander
      Senior Member
      • Jun 2005
      • 1370
      #2
      They will take all refunds due until the debts is paid. Doesn't matter if there is a payment plan or not.
      You have the right to remain silent. Anything you say will be misquoted, then used against you.

        Comment

        • thomtax
          Senior Member
          • Nov 2006
          • 1276
          #3
          Originally posted by WhiteOleander
          They will take all refunds due until the debts is paid. Doesn't matter if there is a payment plan or not.
          Thanks - I suspected that but the instructions for the form did not state either way.
          Only in government or politics is a "cut in spending" really an increase. It's just not as much of an increase as they wanted it to be, therefore a "cut".

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