Register
What could happen to a person who could not pay his taxes
62.0k views
1 vote
What could happen to a person who could not pay his taxes

User Mawia
by
7.7k points

2 Answers

0 votes
If you file your taxes but don't pay them, the IRS will charge you a failure-to-pay penalty. The penalty is 0.5 percent of your unpaid taxes for each month you don't pay, up to 25 percent. Plus, you'll owe interest on the unpaid amount
User Tyreke
by
8.3k points
4 votes

They would go to jail and the irs would take everything they have

User KevinButler
by
7.9k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
Who made dutch claims in north america?
How did world war 1 affect the racial and ethnic makeup of american cities
What was an effect of nationalism in Europe in the early 1900s?
Link Copied!