Aylin Poulton

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How to Qualify for Temporarily Uncollectible Status with IRS

By Top Tax Staff

As the U.S. economy continues to languish, some taxpayers who owe the IRS back taxes are facing their own financial hardships. For many, simply paying the monthly bills is a difficult task, so repaying back tax debt can be almost impossible on their current income. Unfortunately, the IRS is legally entitled to pursue payment for outstanding taxes, regardless of the current circumstances of the individual who owes the debt. If you owe back taxes and you're facing financial hardship, one of the ways you may be able to get some tax relief is to qualify for temporarily uncollectible status with IRS agents. If you qualify, the IRS will stop pursuing you for your back taxes immediately.

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