How Do I Get Help With Past Tax Returns?

Q: Do states have tax relief programs?

Yes, many states offer tax relief programs to assist residents facing financial hardship. These programs can include payment plans, tax forgiveness, or other forms of assistance. It's best to check with your state's tax authority for specific options available in your area.

Q: What was the federal tax rate in 1992?

In 1992, the federal income tax rates ranged from 15% to 31%, depending on the taxpayer's income bracket. The highest rate of 31% applied to individuals with taxable income over $115,000. Tax rates can vary each year, so it's important to consult historical tax tables for exact figures.

Q: What happens if I owe federal taxes and can't pay?

If you owe federal taxes and cannot pay, the IRS offers options like installment agreements, which allow you to pay your tax debt over time. You may also qualify for an offer in compromise, which can reduce your total tax liability. It's crucial to communicate with the IRS to avoid penalties and interest.

Q: What to do if you can't pay your federal income tax?

If you cannot pay your federal income tax, consider filing your return on time to avoid additional penalties. Then, explore payment options such as an installment agreement or an offer in compromise. You can also request a temporary delay in collection if you are experiencing financial hardship.

Full question:

need help with state and fed tax from 1992

Category: Taxes
Date: 04/07/2025
State: New York

Answer:

Please see the information at the following links:

http://www.irs.gov/advocate/article/0,,id=147486,00.html
http://www.irs.gov/localcontacts/index.html
http://www.tax.state.ny.us/tra/default.htm
http://www.tax.state.ny.us/nyshome/paid.htm

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Who helps with IRS tax problems?

The IRS offers several resources for taxpayers facing tax problems. You can contact the IRS directly for assistance or reach out to the Taxpayer Advocate Service, which provides free help to individuals and businesses. Additionally, certified tax professionals, such as enrolled agents or tax attorneys, can offer guidance and representation in resolving tax issues.

Do states have tax relief programs?

What was the federal tax rate in 1992?

What happens if I owe federal taxes and can't pay?

What to do if you can't pay your federal income tax?

Who is eligible for the IRS hardship program?

The IRS hardship program, often referred to as Currently Not Collectible status, is available for taxpayers who cannot pay their tax debts due to financial difficulties. Eligibility typically requires demonstrating that paying the tax would cause significant financial hardship. You can apply by contacting the IRS and providing necessary financial documentation.