How Do I Determine My IRS Balance Due?

Some people may have trouble paying their federal taxes in full every year. Some self-employed individuals skip their quarterly estimated tax payments because they do not have the money or just forget about it. If you are not self-employed, perhaps your withholding amounts are too low, you own investment properties, have assets overseas that you did not report, or made some other error on your taxes.

You may be able to determine your IRS balance due online, but navigating the website can be confusing. Our tax attorney and tax controversy specialists can help you determine the current amount the IRS says you owe, challenge the amount due if you think it is wrong, and attempt to resolve your unpaid tax debt through several IRS-offered resolution options.

Setting Up an Account Online

An IRS online account allows you to access a wealth of useful information, including your current balance due. Amounts needed to be considered paid in full are calculated daily, which is extremely convenient if you are trying to bring your account current. However, setting up the account can be time-consuming and tedious.

You must create an ID.me account to sign in to your IRS account. ID.me is a private company that contracts with the IRS to provide secure access to private information. To set up an account, you must provide:

  • An acceptable photograph of a government ID or a selfie
  • A verified email address
  • Information required for multi-factor verification

If you cannot provide some of the requested information, or if the company does not accept your photo, you may need to set up a video call to establish your identity.

Once you have an ID.me account and login information, you can use it to access your IRS online account. If you cannot get an account for any reason, the specialists at Pontius Tax Law PLLC can review your correspondence from the IRS or call to discover your balance.

How Is Your Balance Calculated?

Your IRS balance is not simply the amount you failed to pay. There are additional charges when you cannot pay your full tax obligation when it is due. Depending on your circumstances, the IRS may assess various penalties and add them to your balance.

The IRS also charges interest on unpaid obligations, including penalties, from the date payment was due. The IRS cannot waive or forgive interest, but you may be entitled to an interest adjustment if the IRS removes or reduces a penalty.

What to Do If the IRS Says You Owe Back Taxes

When the IRS says you owe a certain amount, you do not always have to take their word for it. Errors can occur on your end or theirs. It is essential to do an independent calculation of the arrearage and then decide how to proceed.

Pontius Tax Law has years of experience both within the IRS and representing taxpayers. They could review your returns, identify errors and potential misunderstandings of the law, and work to correct them. They can calculate your balance due and contact the IRS to potentially discuss collection alternatives, if necessary.

Contact the Attorneys at Pontius Tax Law to Determine and Resolve an Outstanding IRS Balance

When you owe more than $50,000 in back taxes, work with a legal professional at Pontius Tax Law to resolve your debt. We can review your IRS transcripts to determine your IRS balance due, and help you make payment arrangements that work for you.

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John Pontius
Managing Attorney

Pontius Tax Law, PLLC strives to resolve sensitive tax problems through trust, dedication, and value. The law firm was founded by John Pontius with offices in Washington, DC, Maryland, and Virginia. Mr. Pontius is a tax law attorney who represents individual and business clients with sensitive and serious tax matters before the Internal Revenue Service and state taxing authorities. His client base is local, national, and international.