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Unsolicited advice: in case you’re trying to time the amortization along with your payroll (hence the choice of 15th), it’s best to present yourself a couple of days of leeway, in case of bizarre, although uncommon, conditions where the fifteenth is a holiday however payroll was not credited beforehand. So maybe 17th or 18th? You possibly can at all times deposit fee early.

If financial hardship will stop you from ever paying off the full amount of taxes you owe, you may make an Offer in Compromise to settle your debt for lower than what you owe. The IRS may contemplate this offer if they really feel it represents probably the most they’ll count on to collect from you in an affordable period of time.

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