C IL | paul the original - 4/1/2024 20:48
Typically people that owe the irs that much didn’t file.
The irs bills based on the 1099 income. No deductions are assumed.
If you file your taxes properly, some of that income would be offset by various allowed deductions.
That is the ‘big savings, write downs’ they speak of.
As mentioned, commercials don’t have to be exactly honest either.
Paul
That is a real possibility.
Also, the IRS allows an offer in compromise, depending upon your assets and ability to pay. These firms will file this offer for you at significant cost. No guarantees on results. |