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Sure...but getting a mortgage will be tough, if not impossible.
And the tax man will be just as happy to seize the house for your debt as they will anything else.
Your tax debt can be used as income/debt ratio. Just make sure you are paying off your taxes and not delinquent
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∙ 13y ago
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What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
Can you buy a house if you owe state taxes?
yes.
Can you get a return if you owe back taxes?
If you owe back taxes, the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
How many senators owe back taxes?
nine
What congressman still owe back taxes?
what fongressmen owes bacvk taxes and how much
Refinance your mortgage if you owe back taxes?
Do you have a lien on your home? If a lien is placed on your home, you will not be able to refinance to pay back taxes.
What will happen if you file the current years taxes and owe for back taxes?
You will have to pay a fine. And pay all the money back that you owe.
If you buy a foreclosed home at auction do you owe any Pre-existing debt For example the unpaid taxes from the previous owners Or is the home yours and you just pay the taxes from there on out?
kenny brewer
Can you buy a house if you owe state taxes?
yes.
Do you owe IRS back taxes?
yes
Can you get a return if you owe back taxes?
If you owe back taxes, the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
Can you get federal student aid if your parents owe back taxes?
Yes. Just because they owe back taxes, doesn't mean that it will affect your student aid.
How many senators owe back taxes?
nine
What congressman still owe back taxes?
what fongressmen owes bacvk taxes and how much
If you filed your taxes last year and got a RAL loan and it was a mistake on your taxes and the bank issued you a overnight check do you owe the bank our do you owe the IRS?
you going to pay back taxes to the IRS
Can you receive a government grant for college if you owe back taxes?
YES
Can section 8 voucher holders owe back taxes?
Sure
