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Diego Mendoza

How can I check my remaining tax balance owed? Getting late fees? HELP NEEDED!

I filed my taxes this year and ended up owing money for the first time because of my new job. It was actually quite a shock - the amount was way more than I expected. I used TurboTax to file, and then their assistant directed me to some tax payment website where I made one payment right away. But I haven't made any payments since then (I know, totally my fault). Is there any way for me to check my current balance online somewhere? I finally have the money to pay everything off now. What's the best way to go about this at this point? I'm really worried about late fees and penalties piling up. I've never been in this situation before and don't know what to expect. Please help! Thanks so much in advance for any advice.

Yes, you can absolutely check your remaining balance owed to the IRS! The easiest way is to create or login to your account on IRS.gov using their "View Your Account" tool. This gives you access to your current balance, payment history, and any penalties or interest that might have accrued. If you haven't set up an account yet, you'll need to verify your identity with some personal info. Once you're in, you can make a payment directly through the IRS Direct Pay system or IRS2Go app without any processing fees. And don't worry too much - while there are penalties for paying late (usually 0.5% of unpaid taxes per month), setting up a payment plan is pretty straightforward if you can't pay the full amount right now.

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Sean Flanagan

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How bad are the late fees usually? And if I make a payment now will they stop adding more fees? I'm in a similar situation and freaking out a bit.

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The late payment penalty is typically 0.5% of your unpaid taxes for each month or part of a month you're late, up to a maximum of 25% of your unpaid taxes. Interest also accrues daily from the due date until you pay in full, at a rate that's adjusted quarterly (currently around 3-4% annual rate). Making a payment now will definitely help reduce future penalties and interest since they're calculated based on the remaining unpaid balance. So even partial payments are beneficial since they'll reduce what you owe and therefore reduce the base amount that penalties and interest are calculated on.

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Zara Shah

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I went through something similar last year and discovered taxr.ai (https://taxr.ai) which saved me SO much stress. I was totally confused about my balance and penalties, and their system analyzed my tax documents and explained exactly what I owed, including the breakdown of original tax, penalties, and interest. It was super clear about my payment options too. The best part was uploading my IRS notice (which you should receive if you haven't already) and getting a plain English explanation of what was happening and my best course of action. Way better than trying to decipher IRS jargon on my own!

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NebulaNomad

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Does this actually work with notices from this year? I got something in the mail but honestly I've been afraid to open it.

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Luca Ferrari

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I'm skeptical about these kinds of services. How do you know they're giving accurate information? Couldn't you just call the IRS directly?

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Zara Shah

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It absolutely works with current notices - they keep their system updated with the latest IRS forms and notices. Opening that letter is the first step to getting clarity, and their system can help you understand exactly what it means without the stress of trying to figure it out yourself. As for accuracy, they use the same tax rules and calculations the IRS does, but explain everything in plain English. And while calling the IRS is technically an option, I tried that route first and spent hours on hold only to get disconnected. With taxr.ai I had answers in minutes instead of days.

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Luca Ferrari

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I was really skeptical about using taxr.ai when I first heard about it, but after sitting on hold with the IRS for 2 hours, I decided to give it a try. No regrets! I uploaded my CP14 notice (the "you owe us money" letter) and it immediately broke down exactly what I owed including the original tax, penalties, and interest. I actually discovered I had been calculating my penalties all wrong - I was overestimating what I owed by almost $300! The penalty structure gets complicated with the different percentages and how they calculate interest. Saved me from overpaying and gave me peace of mind about exactly where I stood with the IRS.

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Nia Wilson

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Listen, calling the IRS is an absolute nightmare right now. I spent THREE DAYS trying to get through about my balance and kept getting disconnected after waiting for hours. Then I found Claimyr (https://claimyr.com) and it changed everything. They hold your place in line with the IRS and call you when an agent is available to talk! You can see how it works in this video: https://youtu.be/_kiP6q8DX5c I was able to speak with an actual IRS agent who pulled up my account and gave me the exact amount I owed with penalties. They even helped me set up a payment plan over the phone. Saved me days of frustration and gave me definite answers about my situation.

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Wait how does this actually work? They somehow hold your place in line with the IRS? Sounds like magic lol

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Aisha Hussain

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Yeah right. There's no way this actually works. The IRS phone system is designed to be impossible. I'll believe it when I see it.

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Nia Wilson

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It's not magic, just smart tech! They use an automated system that navigates the IRS phone tree and waits on hold for you. Once a human IRS agent answers, their system calls your phone and connects you directly to that agent. So you literally skip the hours of hold time. The skepticism is totally fair - I didn't believe it would work either. But it's essentially the same as if you had a friend call and wait on hold, then yell for you when someone finally answered. The difference is this "friend" has infinite patience and never needs a bathroom break!

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Aisha Hussain

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Ok I have to eat my words. After posting that skeptical comment, I was desperate enough to try Claimyr because I've been trying to get through to the IRS for WEEKS about my balance. It actually worked exactly as described. I got a call back about 1.5 hours later, and suddenly I was talking to an actual IRS agent! The agent was able to tell me my exact balance with all penalties calculated, and I set up a payment plan right then. Saved me from getting even more late fees. I was 100% convinced this would be a waste of time, but I'm genuinely shocked at how well it worked. Sometimes it's worth trying something different when you're stuck.

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Ethan Clark

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To add another solution - you can request a tax account transcript from the IRS which shows all the transactions on your account including payments, credits, and balance due. Go to IRS.gov and search for "Get Transcript" - you can view it online or have it mailed to you. I do this every year just to double check everything is recorded properly.

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StarStrider

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Is the transcript the same as the "account balance info" people mentioned? Or does it show something different?

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Ethan Clark

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The transcript gives you more detailed information than just the account balance. It shows a complete history of your account including all payments you've made, when they were applied, any adjustments, and itemized penalties and interest calculations. The account balance just gives you the current amount due, while the transcript lets you see how that number was calculated and verify all your payments were properly credited. It's especially useful if you've made multiple payments and want to make sure everything was recorded correctly.

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Yuki Sato

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whatever you do, DO NOT just ignore this!!! i did that one year thinking "oh ill deal with it later" and the penalties just kept adding up. ended up owing almost double by the time i finally dealt with it. the irs doesn't play around with this stuff.

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Carmen Ruiz

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Same! I ignored a $600 tax bill and two years later it was over $1000 with all the penalties and interest. Learned my lesson the hard way.

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Diego Mendoza

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Thank you for the warning! I'm definitely planning to take care of this right away. I've been checking out the IRS website today to figure out the best way to pay. Just needed to know where to look for my current balance. I definitely don't want to let this keep growing with penalties!

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Zainab Yusuf

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Just wanted to add that if you're having trouble accessing your online account on IRS.gov (sometimes the identity verification process can be tricky), you can also call the automated phone line at 1-800-829-1040. It's available 24/7 and you can get your current balance by entering your SSN and some basic info - no waiting on hold for a human agent. Also, since you mentioned this is your first time owing taxes, make sure to consider making estimated quarterly payments for next year if your withholding situation hasn't changed. This will help you avoid being in the same spot again. The IRS has worksheets and calculators on their website to help figure out how much to pay each quarter. Good luck getting it sorted out! The important thing is you're taking action now rather than letting it sit.

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Cynthia Love

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This is really helpful advice! I didn't know about the automated phone line - that sounds way easier than trying to set up an online account right now when I just need to check my balance quickly. And you're absolutely right about the quarterly payments. I had no idea I was supposed to do that with my new job. I'll definitely look into those worksheets once I get this current mess sorted out. Thanks for taking the time to explain all this!

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