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Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

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[–] 0 pt

Always put 25% of what you make aside for tax season. Otherwise just keep filing for extensions and pay it off as you can until you're caught up.

What would 25% do if we have to pay 100%? And I don't make anything. So what do I pay with? There are no extensions. Only seizure of all we own to pay it.

[–] 0 pt

If you don't make any money, you don't owe any taxes.

Your post makes no sense.