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Filing an extension, and paying your taxes LATE? BETTER WATCH THIS VIDEO
The video provides helpful tips for taxpayers who owe taxes and need extra time to pay. It advises against falling for scammers and suggests confirming eligibility for the Compromise Pre-Qualifier tool on the IRS website. If not eligible, individuals can apply for an extension using Form 1127 to demonstrate undue hardship if payment is made on the due date. The video encourages taxpayers to handle their payments themselves and provides relevant links for assistance.
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This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon
https://irs.treasury.gov/oic_pre_qualifier/
https://www.irs.gov/pub/irs-pdf/f1127.pdf
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