You can check how much you owe the IRS by using your IRS online account, calling the IRS directly, or reviewing IRS notices. Ignoring unpaid taxes can lead to penalties, liens, or levies, so it’s critical to act quickly and explore relief options if you can’t pay in full.
How Do You Check Your IRS Balance?
1. IRS Online Account
- View your total balance, including penalties and interest.
- Access payment options and installment plans.
- Requires SSN, filing status, and prior tax return details.
2. Call the IRS (1-800-829-1040)
- Speak with an agent to verify your balance.
- Be ready for long wait times and limited explanations of options.
3. Review IRS Notices
- Urgent notices (LT11, CP90): Final warnings before wage garnishments, bank levies, or property seizures.
- Reminder notices (CP71C, CP171): Show outstanding balances but can escalate if ignored.
What Happens If You Don’t Resolve Tax Debt?
- Penalties & Interest: Up to 25% of unpaid tax, plus daily compounding interest.
- Wage Garnishments: IRS takes part of your paycheck.
- Bank Levies: Money is seized directly from accounts.
- Property Liens: Public claim on assets, hurting credit and sales ability.
How Tax Relief Professionals Can Help
1. Negotiate With the IRS → Set up installment agreements or challenge incorrect balances.
2. Explore Relief Programs →
- Installment Agreements (monthly payments)
- Offer in Compromise (settle for less)
- Currently Not Collectible (pause collections)
3. Reduce Penalties & Interest → Request abatements to cut costs.
4. Protect Assets → Stop levies, liens, and garnishments.
Why Choose Precision Tax Relief?
- Proven results: Millions saved in settlements.
- Tailored plans: Every tax case is unique.
- Transparent pricing: Affordable and cost-saving in the long run.
- Dedicated support: Guidance from start to finish.
Bottom Line
Finding out how much you owe the IRS is simple—resolving it is harder. Use the IRS tools to confirm your balance, but don’t wait until penalties pile up. A tax relief professional can help you take control, protect your assets, and move toward financial freedom.
Ready to act? Contact Precision Tax Relief today for a free consultation.