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File for bankruptcy?

• jccooper 12y ago
  Possibly. Probably not. That'll only help if the tax debt is > 2 years old. Some of it might be. However, not filing on time will probably make the tax debt non-dischargable. Since it seems the poster has income still, the bankruptcy court may or may not come up with a better plan for repayment than the IRS. Anyway, tax attorney is the way to go here. But the system is set up such that if you can pay it, you probably will.