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How does one pay back the IRS a lot of money?

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How does one pay back the IRS a lot of money?

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He should contact IRS at 1-800-829-7650 and have the following information available to fax to IRS. To expedite the resolution on accounts in the Large Dollar Unit, please have the following information available when contacting ACS. Explain in detail why is not able to full pay or borrow to full pay Completed Form 433- A, B or F Three months of current pay stubs for both TP/TPW Three months of current bank statements (all accounts) Value of all property and/or available equity Investment income Value of 401K/Retirement Year make of vehicles, value, equity, balance owed, and monthly payments Employer’s information including work number Number of individual’s living in the house hold Secured loan(s) – amount of loan and remaining balance(s) Life insurance policies, (whole or term), any borrowing ability? And/or value of policy Profit and Loss statements for self-employed taxpayers Commission statement Substantiation of Court ordered payments Substantiation of payments being made Spouse’

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Have him call the number on the collection notice. The representative (or Revenue Officer as the case may be) will work with him. A financial statement will be taken that will determine his maximum ability to pay.

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