Owed Taxes

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  • #1341
    christelh
    Participant

    Hello Everyone,

    Well everything was going so well (so I thought) until I found out I owe taxes :(. Does anyone know if the taxes will have to be paid off before I qualify for NACA?? My next appt is on Wednesday, I would hate to have to drive 2 hours away just to be told that I have to pay my taxes off before I can qualify. I’m a bit discourgaged at this point :(.

    #1342
    JBSMOOV72
    Participant

    Two Questions:

    Q1:Have you made a payment plan with the IRS? I think if you can show that you have a payment plan in the works, you should be good.

    Q2: Are you going for 1st Intake meeting? Please be honest with your MC when you meet with them. Let them know you are in the plans of handling the payment. If it will take longer than expected, then it might be adding into your overall expenses.

    Hope that helps.

    j.b.

    #1343
    christelh
    Participant

    Hi Jackson,

    Q1.I have made a payment plan, but have not started paying it because I just sent in the information back to the IRS on Saturday.

    Q2. No, this is not my first intake appt. I have been with NACA for over a year, I was hoping this was one of my final appts :(.

    #1346
    TTrumble
    Member

    Hello christelh,

    You’ve definitely hit a bump in the road, but hopefully not too big a bump.

    Most likely, you are going to have to be able to show some history in making the agrred-upon payments to the IRS, but that may only be as little as three months. You’ll have to discuss the situation with your MC at the appointment to determine exactly how long of a payment history you will need to have and how it may affect the payment figure you qualify for.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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