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what is the best way to pay off $15000,00 in debt due too unpaid taxes from 2019, 2020, 2021 and 2022. I expect this debt to be deducted by $6000 due to 2024 return

I set up an installment plan, but for some reason IRS is not being able to withdraw the installments from my account, and I also submitted an offer in compromise form, but haven't paid the application fee or 20% initial offer because I have a guess it will be denied because my current financial situation is much better than when I could not pay for these taxes.
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1 Reply
Vanessa A
Expert Alumni

what is the best way to pay off $15000,00 in debt due too unpaid taxes from 2019, 2020, 2021 and 2022. I expect this debt to be deducted by $6000 due to 2024 return

It sounds like you are doing the things that you should do to pay it off.  If the installments are not able to be withdrawn from your account, you can use another payment method or contact the IRS or your bank to find out why it is not being withdrawn.  It could be something as simple as an incorrect account or routing number. 

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