I owe the state of Illinois $130 in taxes I haven't paid yet. When will the IRS issue a warrant for my arrest

Answer 1

The IRS is federal not state level. $130 will just be taken out of future taxes with lots and lots of penalties added in if you don't take care of it.

At the federal level the penalty is 1% per month with 1% per month interest or 24% per year, more than almost any credit card. It only takes a couple of years for your taxes to double at that rate. Don't know what Illinois charges.

Answer 2

When you go to file income tax returns, if you have a refund - consider it theirs.

At tax time all the federal and state agencies help themselves to any refund you might be receiving before you even know it happened. Or, as all employers are required to send in "new hire" information with SSN - they may put a wage garnishment order in place which will pay off your debt and interest until they are satisfied.

This gets them off your back and debt settled, but it doesn't help your credit rating.

If you can, the best thing to do, so as not to effect your credit rating is call the state and barter with them to pay $20 a month or whatever you can afford. $130 isn't a lot in the scheme of things, but they won't forget - better to pay it on your terms.

Answer 3

First of all, the IRS would not issue an arrest warrant for a $130.00 debt, they will just garnish your wages, seize your assets, etc.

Second of all, the IRS does not collect state tax debts, the state does. Call the state of Illinois to make payment arrangements and save yourself a lot of grief.

Answer 4

The IRS doesn't worry about collecting your state tax, your state department of revenue does. And they're very unlikely to jail you over $130. They might well garnish your wages or seize some of your assets, though. It's a small amount - why don't you just pay it?

Answer 5

sure, you could document financial ruin 7 in any state. besides the indisputable fact that, there's a way attempt it really is needed which will recommend you ought to document financial ruin 13 really. In any experience, be particular to comprise regardless of IRS debt you presently have contained in the financial ruin. regardless of if it would want to't be discharged, you'd be secure hostile to series action even as the financial ruin is in outcome. in case you document financial ruin 13, you're waiting to amend your plan to comprise the 2005 audit and any stability from 2007. in the different case, you're waiting to enter into an installment settlement for the positioned up-petition evaluation(s). in case you document financial ruin 7, it is going to in all probability be performed in about 4 months. on the instantaneous you could enter into an installment settlement on your balances. by using volume owed, you'd be required to provide a economic plan which will confirm your skill (or lack of ability) to pay. As for an provide-in-compromise, it would want to't be performed even as you're in financial ruin, and if the commercial plan shows any skill to pay that is really not likely that an provide might want to be commonplace.

Answer 6

Never.

The IRS doesn't prosecute state tax cases, the states do.

IL won't prosecute this, but they may well turn it over to FMS for collection. If that happens, it will be captured from any Federal refund you may have coming next year.

Answer 7

They wont. You will just find out one day that your wages have been garnished for back taxes and interest without you having a chance to dispute their statement as to the amount owed. Pay a little now, or a lot later.

Answer 8

Don't worry, more people get struck by lighting every year than go to jail because of taxs.

Answer 9

PAY ASAP. YOU PENALTIES WILL ACCRUE BADLY