What happens if you don't pay income taxes for several years?

0 votes
asked Mar 15 in Law & Legal by Waldio (250 points)
What happens if you don't pay income taxes for several years?

1 Answer

0 votes
answered Mar 16 by Lilly21 (30,960 points)
If you've filed taxes but haven't paid in a few years then you'll be hit with penalties on your taxes and if the taxes continue to go unpaid for several more years then the IRS can take you to court, sue you and win a judgement against you and then the IRS can seize your bank account, house and anything else you own to pay back the back taxes.

10,303 questions

10,806 answers

34 comments

226,184 users

...