Will IRS use business refund for personal tax?

levi5081 · ‎June 1, 2019

I am using the business filing 1120s and personal filing.

I will get a refund on business - will they move it over and apply the business refund to my personal tax owed or do pay the personal and wait for the refund on business?

WillK · ‎June 1, 2019

No, the IRS will not apply the business refund to your personal amount owed for your taxes. You and the business are two separate entities to the IRS, so you will need to pay your balance due and then wait for the refund for the business.

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WillK · ‎June 1, 2019

No, the IRS will not apply the business refund to your personal amount owed for your taxes. You and the business are two separate entities to the IRS, so you will need to pay your balance due and then wait for the refund for the business.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

levi5081 · ‎June 17, 2019

Yes thank you

that's what i figured out

Kim

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Will IRS use business refund for personal tax?