Quote:
Originally Posted by Betty
Im just wondering if they work with you on paying back the tax. Its 60k which I dont have lying around. I would have to recover the tax before I could pay it back to them. Not sure how that works. My accountant is not that sure as well.
You said you have health issues. I thought in the contracts there is a paragraph about if you lose your medical then the debt is forgiven.? IIRC. Its been a while since I have read one and I'm not sure if they all say the same thing. There may be a way to work out a payment plan but I havent heard of this. If anything you pay what you can and unfortenutly the rest will be sent to debt collections and interest will be charged.
Sorry to hear about you situation.
I just sent the IRS a 843 asking for the tax abatment and it says normal processing time is six months. So I guess ill know if that was the correct form in six months.