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The Ramsey Show Highlights

My Fiancé Owes $130,000 to the IRS...What Do We Do?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 5 May 2021

⏱️ 7 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Wednesday, and this is the Ramsey Call of the Day.

0:03.7

Part of the Ramsey Network.

0:06.7

Joining me today is Ramsey Personality, Rachel Cruz.

0:12.1

Anna's with us in Phoenix.

0:13.5

Hey, Anna, what's up?

0:15.1

Hi, how are you?

0:16.6

Better than I deserve.

0:17.9

How can we help?

0:19.6

Hi.

0:20.7

So I started listening to you in July. I was $37,000 in debt. My fiance, he was around

0:30.8

$120, $130,000 to the IRS, $1,000. And so I got to a point where now I'm at 19.

0:41.1

And we didn't separate, but he moved down to New Mexico to try to figure out,

0:46.7

he did an application of OIC.

0:51.1

Yeah.

0:52.0

To try to see if they can help them out.

0:55.5

Most of it is really interest.

0:57.8

And I just wanted to know, like, are we doing, like, the right thing?

1:01.7

I mean, I make around $35,000 to $40,000 a year.

1:06.9

So.

1:07.3

What does he make?

1:09.2

He was making $80,000 because he works in the oil field, but it went down.

1:14.0

So was he 1099 and he just didn't pay taxes?

...

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