Even if a taxpayer doesn’t have enough money to pay, returns should be filed to avoid further penalties for failure to file. The IRS will assist in finding a solution to the problem. The IRS may accept an installment agreement to pay the debt over time, or you might be eligible for an offer in compromise, which can allow you to pay a reduced amount in settlement of the tax liability.
I cannot afford to pay my income tax. What can I do?
Even if a taxpayer doesn’t have enough money to pay, returns should be filed to avoid further penalties for failure to file. The IRS will assist in finding a solution to the problem. The IRS may accept an installment agreement to pay the debt over time, or you might be eligible for an offer in compromise, which can allow you to pay a reduced amount in settlement of the tax liability.