IRS threatening asset seizure despite active payment plan - Help!
I just got a letter from the IRS saying I might get my assets seized, but I already have a payment plan set up with them. I'm freaking out! The letter says I owe $17,719.02 and they want it immediately. Has anyone else dealt with this? What should I do?
23 comments
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StarStrider
Oof, that's rough buddy. I've been there before. First thing you need to do is double-check that you've been following your payment plan to the letter. Sometimes even a small mistake can trigger these notices.
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Fatima Al-Qasimi
•Thanks for the advice. I'm pretty sure I've been following the plan, but I'll definitely double-check everything. It's just so stressful 😓
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Dylan Campbell
•Yeah, and make sure you keep ALL your receipts. The IRS can be real sticklers about proof of payment.
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Sofia Torres
Here's what you need to do: 1. Don't panic. These letters are often automated and don't always reflect your current situation. 2. Gather all your documentation: payment plan agreement, proof of payments, and the new letter. 3. Call the IRS immediately. Explain that you have an existing payment plan and ask why you received this notice. 4. If there's been a mistake on their end, request that they correct it and send you written confirmation. 5. If you've missed a payment or there's an issue with your plan, ask about your options to get back on track. 6. Consider getting a tax professional involved if things get complicated. Remember, the IRS usually prefers to work with you rather than seize assets. Stay calm and communicate clearly with them.
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Fatima Al-Qasimi
•Wow, thank you so much for this detailed response! I'll definitely follow these steps. Do you think I should send them a letter too, or is calling enough?
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Sofia Torres
•Calling is a good first step, but it's always smart to follow up with a letter. That way, you have a paper trail of your communication. Just make sure to send it certified mail with return receipt.
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Dmitry Sokolov
•This is solid advice. I'd add that you should also ask for a 'collection hold' while they investigate. It can buy you some time and peace of mind.
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Ava Martinez
ugh the irs is such a mess rn. i got a similar letter last month even tho i paid my taxes on time. turns out it was just a glitch in there system 🙄
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Miguel Ramos
Have you considered getting a tax advocate? They can sometimes help navigate these issues with the IRS and they're free!
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Fatima Al-Qasimi
•I didn't even know that was a thing! How do I get in touch with a tax advocate?
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Miguel Ramos
•You can find info on the Taxpayer Advocate Service on the IRS website. They're independent within the IRS and can help if you're facing financial hardship or if the normal IRS channels aren't working.
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QuantumQuasar
I found a method to get someone on the phone at the IRS. I used this site's (claimyr.com) calling tool that dials the phone menu, stays on hold, waits for a live agent to pick up, then sends the call to my phone. It does cost $20, but it works. Here's a video about it: https://youtu.be/_kiP6q8DX5c
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Zainab Omar
•Sounds too good to be true. Is this legit?
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QuantumQuasar
•Yeah, it's totally legit. I was skeptical at first too, but it saved me hours of hold time. Worth every penny imo.
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Connor Gallagher
•How long did it take for them to get someone on the line?
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QuantumQuasar
•For me, it took about 2 hours. But I didn't have to sit there listening to hold music the whole time. They just called me when an agent was on the line.
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Yara Sayegh
This happened to me last year. Turns out one of my payments didn't go through because I had changed banks. Check your bank statements to make sure all the payments went through!
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Keisha Johnson
the irs is just trying to scare you into paying faster. dont fall for it! 🙅♂️💸
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Paolo Longo
•That's terrible advice. Ignoring the IRS is the worst thing you can do. They have the power to make your life miserable if you don't address issues.
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Keisha Johnson
•chill bro, im just saying they use scare tactics. obvs you gotta deal with it but don't let them push you around
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CosmicCowboy
Question for the OP: How long have you had your payment plan? Sometimes if it's been a while, you might qualify for an offer in compromise to settle for less than you owe.
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Fatima Al-Qasimi
•I've had the plan for about 8 months now. I'll look into the offer in compromise, thanks for the tip!
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Amina Diallo
Pro tip: Always request a transcript of your account when dealing with IRS issues. It shows all transactions and can help you spot any discrepancies. You can get it online through their website.
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