We Owe The IRS $600,000

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 11 September 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.0	Well, here's our situation. My husband and I, we owe the IRS and the state over $600,000
0:13.0	in debt.
0:15.0	Good Lord, how did that happen?
0:17.0	Yes. You know, it's quite, it's overwhelming to even think about how it happened. Just not paying our taxes, and my husband is self-employed.
0:30.0	For how many years?
0:33.0	Quite a few. I'm actually not even sure on the date how far back it goes.
0:39.8	So you finally started filing and then you end up with try to stay out of jail
0:44.8	because not filing, not filing is criminal.
0:47.6	And so you go and file and now they give you the total and it's like, oh, my gosh.
0:52.6	Yep.
0:53.2	Wow.
0:55.1	And obviously you don't have 600,000 or you wouldn't have called me.
0:58.0	No, that's right.
0:59.7	And we are current on our taxes right now.
1:01.9	Good.
1:02.9	We were working with a tax resolution company who eventually just told us after, you know,
1:09.9	you have to pay them.
1:10.7	After you gave them $10 10 grand, they did nothing.
1:13.1	Yeah.
1:14.0	Yeah.
1:14.2	Yeah.
	...

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