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Deductions & credits
Thank you, Vanessa! No, I have not tried that yet but I will definitely try it today.
I don't have enough to pay the amount due right now so I was going to pay whatever I could and file an extension. I was then going to pay them periodically, when I have the funds, to keep the penalties down. Any idea how long I can continue to extend it? A friend suggested a home equity loan/line of credit to pay it immediately but I'm concerned the interest rate on that will be higher than the IRS penalties.
March 28, 2024
8:37 AM