IRS
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Posted by sjc (207.123.107.66) on December 10, 2002 at 10:03:00:
I am in need of some advise. I left my employment of 23 years to take care of my ill son. I opted to take a lump sum retirement and used that money to pay for expenses, medical bills etc. Income tax was of course taken out right away but now
I received a letter yeaterday stating I owe them $10,000, $7000.00 (10%) and $3000.00 intrest and penalties. I don't have the money and have since lost my house and had to claim bankruptcy. I guess my question is is there any way to negotiate the money owed with them or do I go directly to jail??? Thanks anyone who can help..
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