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If we owed taxes for 2023 and we set up payment arrangements monthly, but we still owe. Does IRS take what is owed off of our refund for 2024?

 
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If we owed taxes for 2023 and we set up payment arrangements monthly, but we still owe. Does IRS take what is owed off of our refund for 2024?

Yes, they do.   Even if you have been on a payment plan for the 2023 tax owed, if you are getting a refund for 2024, the IRS will take your 2024 refund.  You do not have to enter anything about that on your 2024 return.  The IRS knows and will do this automatically.  They will send you a letter a few weeks afterward.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

If we owed taxes for 2023 and we set up payment arrangements monthly, but we still owe. Does IRS take what is owed off of our refund for 2024?

If you have a 2024 tax refund and owe back taxes, even on a payment plan, the IRS will seize the 2024 tax refund and apply that amount to your taxes owed.

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